warranty deeds, quit claim copies of both buyer’s and seller’s signed closing statements.
deeds, trust deeds, notes, security instruments and leases,
prepared or approved by the broker’s counsel or by the counsel (4) A salesperson shall not conduct the closing of any real estate
for a trade association of which the broker is a member or transaction except under the direct supervision of the manager
associate member, or by a Missouri state or local bar association or broker with whom the salesperson is associated.
and may complete them by filling in blank spaces to show the
parties, property description and terms necessary to close the AUTHORITY: section 339.120, RSMo Supp. 1997.* This rule originally
transaction the broker has procured. filed as 4 CSR 250-8.150. Original rule filed Nov. 14, 1978, effective
Feb. 11, 1979. Amended: Filed March 14, 1984, effective June
(2) A real estate broker shall not make a separate charge for 11, 1984. Amended: Filed Oct. 2, 1985, effective Dec. 26, 1985.
completing any standardized forms and shall not prepare those Amended: Filed Feb. 2, 1994, effective Aug. 28, 1994. Amended:
forms for persons in transactions in which s/he is not acting as Filed Dec. 1, 1997, effective Sept. 1, 1998. Moved to 20 CSR 2250-
a broker, unless the broker is one of the parties to the contract 8.150, effective Aug. 28, 2006.
or instrument or owns or is employed by an escrow company
or closing firm which is handling the closing. *Original authority: 339.120, RSMo 1941, amended 1963, 1967, 1981, 1988, 1993, 1995.