Notes

About Real Estate Commission - Missouri Division of Professional


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<p class="p__0">The provisions of area 443. 835 shall not impact a licensee's civil or criminal liability for acts committed before such licensee surrenders the license. 5. No cancellation, suspension or surrender of any license shall impair or impact the responsibility of any preexisting lawful agreement between the licensee and anyone.</p>
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<p class="p__1">Every license provided pursuant to areas 443. 701 to 443. 893 shall remain in force and effect up until the license has actually expired without renewal, has been surrendered, withdrawed or suspended in accordance with the provisions of areas 443. 701 to 443. 893, except that, the director may reinstate a suspended license or release a brand-new license to a licensee whose license has actually been withdrawed if no fact or condition exists which would have required the director to decline initially to issue such license pursuant to areas 443.</p>
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<p class="p__2">893. 7. Whenever the director revokes or suspends a license provided pursuant to areas 443. 701 to 443. 893, the director shall publish public notification of such order and will serve a copy of such order upon the licensee. Such order may be examined by the board. 8. When I Found This Interesting finds anyone in offense of the premises provided in subsection 9 of this area, the director may enter an order imposing one or more of the following disciplinary actions: (1) Cancellation of the license; (2) Suspension of the license subject to reinstatement upon satisfying all sensible conditions the director may specify; (3) Positioning of the licensee on probation for an amount of time and subject to any affordable conditions as the director might define; (4) Issuance of a reprimand; and (5) Denial of a license.</p>
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<p class="p__3">893; (12) Engaging in activities managed by areas 443. 701 to 443. 893 without an existing, active license unless particularly exempted by the arrangements of sections 443. 701 to 443. 893; (13) Failure to pay timely any charge or charge due under the provisions of areas 443. 701 to 443.</p>
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<p class="p__4">701 to 443. 893 and the rules of the director; (15) Rejection to allow an examination or assessment of the licensee's or the licensee's affiliates' books and records or refusal to adhere to the director's subpoena or subpoena duces tecum; (16) A pattern of substantially ignoring closing costs; (17) Failure to comply with, or any violation of, any arrangement of sections 443.</p>
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<p class="p__5">893. 10. A licensee shall go through the disciplinary actions specified in sections 443. 701 to 443. 893 for an infraction of subsection 9 of this area by any officer, director, member, shareholder, joint venture, partner, supreme fair owner or employee of the licensee. 11. Such licensee shall be subject to suspension or cancellation for employee actions only if there is a pattern of repeated offenses by an employee or employees or the licensee knows the offense.</p>
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<p class="p__6">The procedures for the surrender, suspension, or revocation of a license shall be: (1) The director may, after ten days' notice by licensed mail to the licensee at the address stated on the license, or in the case of a home loan producer, the primary office of the domestic mortgage broker employing or last utilizing the originator, stating the contemplated action and, in general, the premises for such action and the date, time and location of a hearing on the action, and after supplying the licensee with a reasonable opportunity to be heard prior to such action, revoke or suspend any license provided pursuant to areas 443.</p>
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