Reservation in favor of mortgagee of lease in such case
If someone loaned money and holds a mortgage on a lease, and they are not living in the rented property, they have three months after a court judgment to step in and fix things. If they pay all the overdue rent, all costs and fees the landlord is owed, and do everything the original renter was supposed to do, then the court's decision to take back the property does not affect them.
535.180. Reservation in favor of of in such case. — A mortgagee of such lease, not in possession of such , who within three months after of any such shall pay all , and all costs, and the charges incurred by the landlord, and shall perform all the agreements which ought to be performed by the first , shall not be affected by the recovery of the possession of the demised premises.
(RSMo 1939 § 2985)
Prior revisions: 1929 § 2598; 1919 § 6892; 1909 § 7895
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Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.