20 CSR 2250-8

Citation: 20 CSR 2250-8
Jurisdiction: Missouri (state)
Source: Official source
Original Source: https://www.sos.mo.gov/cmsimages/adrules/csr/current/20csr/20c2250-8.pdf ↗

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(2) In a commercial real estate transaction where the real estate (1) Every licensee shall make certain that all of the terms and
contract is prepared by legal counsel for the seller/landlord or conditions authorized by the principal in a transaction are
buyer/tenant, the written confirmation by the party or parties specified and included in an offer to sell or buy and shall not
who are represented by legal counsel shall not be required. offer the property on any other terms. Every written offer shall
contain the legal description or property address, or both, and
AUTHORITY: sections 339.120, 339.780, and 339.720, RSMo Supp. city where the property is located, or in the absence of, a clear
2008.* This rule originally filed as 4 CSR 250-8.096. Original rule description unmistakably identifying the property.
filed Jan. 14, 2000, effective July 30, 2000. Amended: Filed Nov.
3, 2003, effective April 30, 2004. Moved to 20 CSR 2250-8.096, (2) Every licensee shall promptly tender to the seller or seller’s
effective Aug. 28, 2006. Amended: Filed April 3, 2009, effective agent every written offer to purchase and shall promptly

10 CODE OF STATE REGULATIONS (6/30/23) John R. Ashcroft
Secretary of State
20 CSR 2250-8—DEPARTMENT OF COMMERCE DIVISION 2250—MISSOURI REAL ESTATE
AND INSURANCE COMMISSION