Missouri Code of State Regulations › Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE › Division 2250 - Missouri Real Estate Commission › Chapter 4 - Licenses › Section 20 CSR 2250-4.020 - Expiration and Renewal; Name and Address Changes

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This rule establishes the dates of license
				  validity and the obligation of licensees for renewal of same. The broker
				  license must be renewed before the salesperson or broker-salesperson license
				  may be renewed.
(1) Renewal
				of License.
(A) Every license issued and
				every license renewal for a broker, corporation, broker-officer, partnership,
				broker-partner, association, broker-associate, broker-salesperson, professional
				corporation (broker-salesperson) or inactive broker license shall expire June
				30 in each even-numbered year.
(B)
				Every license issued and every license renewal for professional corporation
				(salesperson), salesperson, or inactive salesperson license shall expire
				September 30 in each even-numbered year.
(C) The commission may mail to each licensee,
				at least thirty (30) days prior to license expiration, a notice of the
				expiration and an application for renewal of license to the licensee's address
				on file with the commission.
(D)
				The commission may issue a new license for each renewal period upon receipt of
				a properly completed renewal application, including proof of completion of the
				continuing education requirement pursuant to
				20 CSR
				2250-10.100, and the biennial fee, if the receipt date
				as affixed by the United States Postal Service or recognized common carrier, or
				if hand-delivered to the Missouri Real Estate Commission before the close of
				business, is no later than the date of license expiration. Additionally, for
				the renewal immediately following January 1, 2011, the licensee must provide
				acceptable proof of having submitted, between January 1, 2011, and the
				submission of the licensee's 2012 real estate renewal, fingerprints to the
				Missouri State Highway Patrol's approved vendor for both a Missouri State
				Highway Patrol and a Federal Bureau of Investigation fingerprint background
				check. Any fees due to fingerprint background checks shall be paid by the
				applicant directly to the Missouri State Highway Patrol or its approved
				vendor.
(E) Delinquent renewal
				applications must be accompanied by a delinquent fee of fifty dollars ($50) per
				month or partial month elapsed since the date of license expiration. Delinquent
				fees are not to exceed two hundred dollars ($200).
(F) Any licensee who fails to complete
				continuing education requirements during the renewal period must submit with
				their renewal proof of completion of the Missouri Real Estate Practice Course
				as identified in
				20
				CSR 2250-6.060. This course must have been completed
				no more than six (6) months prior to the receipt date as affixed by the United
				States Postal Service or recognized common carrier or the date the application
				is hand-delivered to the Missouri Real Estate Commission during regular
				business hours.