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20 CSR 2250-8

Citation
20 CSR 2250-8
Jurisdiction
Missouri (state)
Source
Official source

Full Text

1,796 chars
be
or broker-officers of a firm which maintains a regular place of made in a written agreement for brokerage services or other
business. written notice to the client or party, unless such appointment
is presumed pursuant to section 339.820.1, RSMo.
(2) A broker’s business sign of sufficient size to identify it and
bearing the name under which the broker or the broker’s firm (5) Individual brokers, designated brokers, and office managers/
is licensed, or the regular business name, shall be displayed supervising brokers shall not be considered to be a dual agent
outside of the broker’s regular place of business. or a transaction broker solely because such broker makes an
appointment under section 339.820, RSMo. However, when
AUTHORITY: section 339.120, RSMo Supp. 1993.* This rule originally such broker supervises the licensees for both sides of a
filed as 4 CSR 250-8.010. Original rule filed Nov. 14, 1978, effective transaction, that broker will be a dual agent or a transaction
Feb. 11, 1979. Amended: Filed March 14, 1984, effective June broker upon learning confidential information about either
11, 1984. Amended: Filed Oct. 2, 1985, effective Dec. 26, 1985. party to a transaction or upon being consulted by any licensee
Amended: Filed Feb. 2, 1994, effective Aug. 28, 1994. Moved to 20 involved in the transaction. Also, when the broker supervises
CSR 2250-8.010, effective Aug. 28, 2006. ** the licensee representing or assisting one (1) side of the
transaction and personally represents or assists the other side,
*Original authority: 339.120, RSMo 1941, amended 1963, 1967, 1981, 1988, 1993. that broker will be a dual agent or a transaction broker.
**Pursuant to Executive Order 21-07, 20 CSR 2250-8.010, section (1) was suspended from April 17,
2020 through April 12, 2021.