Current through Register Vol. 49, No. 18, September 16, 2024
PURPOSE: This rule clarifies and qualifies who may
obtain a nonresident license and the condition for its renewal.
(1) A nonresident person, partnership,
association or corporation seeking a license to engage in the real estate
business in Missouri shall apply for an appropriate license on a form provided
by the commission accompanied by the required fee.
(2) An individual who holds a real estate
license in another state or jurisdiction desiring to obtain a real estate
license in Missouri, must fulfill the following requirements:
(A) Salesperson Requirements:
1. An individual holding a current and active
salesperson license in another state or jurisdiction at the time of application
for a Missouri salesperson license must pass the state portion of the Missouri
salesperson exam and complete the twenty-four (24)-hour Missouri Real Estate
Practice Course. The Missouri Real Estate Practice Course may be taken before
or after the exam date, but must be taken prior to applying for licensure. The
forty-eight (48)-hour Missouri salesperson pre-examination course shall be
waived. Application for licensure must be submitted to the commission within
six (6) months of passing the state portion of the Missouri salesperson exam;
and
2. A license (history)
certification issued from the real estate commission of the state or
jurisdiction from where applying must be provided with the application for
licensure. The nonresident certification must be issued no more than three (3)
months prior to application for a Missouri license.
(B) Broker Requirements:
1. An individual holding a current and active
salesperson license in another state or jurisdiction wishing to obtain a
Missouri broker's license, must have twenty-four (24) of the last thirty (30)
months active salesperson experience, complete the Missouri forty-eight
(48)-hour broker pre-examination course, pass both portions of the Missouri
broker exam and apply for licensure within six (6) months of the forty-eight
(48)-hour broker course completion date;
2. An individual holding a current and active
broker license in another state or jurisdiction, other than those states and
jurisdictions that issue only broker licenses, must have twenty-four (24) of
the last thirty (30) months active license experience as a salesperson or
broker, pass the state portion of the Missouri broker exam, and apply for
licensure within six (6) months of passing the state portion of the Missouri
broker exam. The forty-eight (48)-hour broker pre-examination course shall be
waived;
3. If licensed in a state
or jurisdiction that only issues broker licenses, Missouri will recognize the
single license as a salesperson license and applicants must comply with
20 CSR
2250-4.080(2)(B) 1.; and
4. A license (history) certification issued
from the real estate commission of the state or jurisdiction from where
applying must be provided with the application for licensure. The license
certification must be issued no more than three (3) months prior to application
for a Missouri license.
(3) The commission may issue a nonresident
license to a partnership, association or corporation organized and licensed as
a real estate broker under the laws of another state or jurisdiction, provided
that the applicant furnishes with the application:
(A) A license (history) certification, issued
no more than three (3) months prior to the application for the Missouri
license, from the nonresident licensing authority that the entity is in good
standing; and
(B) Evidence that the
applicant has complied with all applicable laws with respect to qualifying to
do business in this state.
(4) In addition to the specific requirements
set forth in this rule, every applicant for a nonresident license must meet all
requirements applicable to Missouri residents and domestic firms applying for
the same type of license. After licensure, a nonresident licensee shall be
subject to and shall comply with all provisions of the license law and these
rules.
(5) The commission may waive
the examination prescribed by the license law for a nonresident individual duly
licensed in any other state under the laws of which a similar exemption is
extended to licensees of Missouri, provided a written agreement for reciprocal
licensing exists between the licensing authorities of the states
involved.
*Original authority: 339.090, RSMo 1941, amended 1978, 2001
and 339.120, RSMo 1941, amended 1963, 1967, 1981, 1988, 1993, 1995, 1999,
2004.
