Missouri Laws 408.032 – Recording fees
1. Notwithstanding any provisions of law to the contrary, the recording fees, including actual fees paid to a third party by a creditor, may include the following:
(1) Any fee paid in processing the debtor’s liens as provided in section 136.055;
Terms Used In Missouri Laws 408.032
- following: when used by way of reference to any section of the statutes, mean the section next preceding or next following that in which the reference is made, unless some other section is expressly designated in the reference. See Missouri Laws 1.020
- Lien: A claim against real or personal property in satisfaction of a debt.
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
- Usury: Charging an illegally high interest rate on a loan. Source: OCC
(2) Any fee paid to a third party for expediting the debtor’s motor vehicle or other title or lien with the department of revenue, provided:
(a) The creditor does not control the third party; and
(b) Both creditor and third party do not share common ownership.
2. Either fee provided for in subdivisions (1) and (2) of subsection 1 of this section may be charged such debtor, and is not included as interest or service charges for the purposes of state usury laws; except that the expeditor fee as provided in subdivision (2) of subsection 1 of this section may not exceed fifteen dollars.