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 ↗

Related Parts of This Source

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Full Text

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action is
Commissions payable must be removed from the escrow filed to determine its disposition at which time payment may
account at the time the transaction is completed. After the be made into the court. However, in the absence of a pending
transaction is completed, interest payable shall be disbursed civil action or written release and upon passage of sixty (60)
to the appropriate party(ies) from the escrow account no later days from the date of the dispute, a broker may disburse escrow
than ten (10) banking days following the receipt of the next monies or valuables to either party to the transaction based
statement of the escrow account. When the licensee receives upon a good faith decision by the broker that the opposite