written authorization between a broker and the owners of the June 25, 1992. Amended: Filed Feb. 2, 1994, effective Aug. 28, 1994.
real estate shall: Amended: Filed Dec. 1, 1997, effective Sept. 1, 1998. Amended: Filed
(A) Identify the property to be managed; Jan. 14, 2000, effective July 30, 2000. Amended: Filed Nov. 3, 2003,
(B) State the amount of fee or commission to be paid and effective April 30, 2004. Moved to 20 CSR 2250-8.090, effective
when the fee or commission will be paid; Aug. 28, 2006. Amended: Filed Oct. 12, 2007, effective April 30,
(C) Specify whether security deposits and prepaid rents will 2008. Amended: Filed April 3, 2009, effective Sept. 30, 2009.
be held by the broker or the owner;
(D) Contain the beginning date of the agreement; *Original authority: 339.120, RSMo 1941, amended 1963, 1967, 1981, 1988, 1993, 1995,
(E) Provide the terms and conditions for termination of the 1999, 2004, 2008; 339.730, RSMo 1996, amended 1998; 339.740, RSMo 1996, amended
property management agreement by the broker or the owner 1998; 339.750, RSMo 1996; 339.755, RSMo 1998, amended 1999; 339.780, RSMo 1996,
amended 1998, 1999, 2004, 2005; 339.820, RSMo 1996, amended 1998, 1999.
of the property;
(F) Include the licensee’s duties and responsibilities;
(G) Contain a statement which permits or prohibits the
20 CSR 2250-8.095 Brokerage Relationship Disclosure
designated broker from offering subagency (not applicable for
transaction broker agreements); PURPOSE: The commission is proposing this rule in order to
(H) Contain a statement which permits or prohibits the comply with provisions in HB 1601 of the 89th General Assembly
designated broker and/or affiliated licensee from acting as and HB 866 of the 90th General Assembly.
a disclosed dual agent and if permitted, the