Missouri Laws 443.400 – Redemption before sale
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Terms Used In Missouri Laws 443.400
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Property: includes real and personal property. See Missouri Laws 1.020
- Security instrument: as that term is used in this chapter, shall mean any mortgage, deed of trust or other real property security instrument securing the payment or satisfaction of any debt or other obligation. See Missouri Laws 443.005
If such property is redeemed by payment to the officer before the sale, such officer shall make a certificate of such redemption, and acknowledge the same before some officer authorized to take acknowledgments of deeds for lands; and such certificate shall be recorded in the office in which the security instrument is recorded, and shall have the same effect as if a deed of release has been filed for record.