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20 CSR 2250-8

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

Full Text

1,676 chars
seller/landlord upon establishing such relationship with the 3. A designated broker who becomes a transaction broker
seller/landlord. and does not personally represent any of the parties in a
4. In a cooperative sale between a seller’s/landlord’s designated agency transaction shall not be required to make
transaction broker and a licensee working with a buyer/tenant disclosure of this status provided written consent was given by
as a transaction broker, the seller’s/landlord’s transaction all parties to the real estate transaction.
broker shall make disclosure of this brokerage relationship
status to the buyer/tenant and also to the licensee assisting AUTHORITY: sections 339.120, 339.720, and 339.770, RSMo Supp.
the buyer/tenant upon first contact with each respective party. 2008.* This rule originally filed as 4 CSR 250-8.095. Original rule
5. In a contemplated real estate transaction where filed Oct. 26, 1987, effective July 1, 1988. Amended: Filed Sept.
no contact occurs with the buyer/tenant, or their agent or 1, 1989, effective Dec. 28, 1989. Amended: Filed Nov. 15, 1991,
transaction broker, the seller’s/landlord’s transaction broker effective June 25, 1992. Rescinded and readopted: Filed Dec. 1,
shall disclose this brokerage relationship status to the buyer’s/ 1997, effective Sept. 1, 1998. Rescinded and readopted: Filed Jan.
tenant’s agent or transaction broker when first contact is 14, 2000, effective July 30, 2000. Moved to 20 CSR 2250-8.095,
established pursuant to paragraph (B)5. or (E)5. of this section. effective Aug. 28, 2006. Amended: Filed April 3, 2009, effective
6. If the landlord’s transaction broker is conducting Sept. 30, 2009.