Section 339.2512a – Action for Collection of Compensation for Performance of Act or Contract; Allegation and Proof.
339.2512a Action for collection of compensation for performance of act or contract; allegation and proof. Sec. 2512a. A person engaged in the business of, or acting in the capacity of, a person required to be licensed under this article, shall not maintain an action in a court of this state for the collection of compensation […]
Section 339.2512b – Actions Not Constituting Participation in Real Estate Transaction or in Payment of Real Estate Commissions.
339.2512b Actions not constituting participation in real estate transaction or in payment of real estate commissions. Sec. 2512b. The following actions do not constitute participation in a real estate transaction or in the payment of real estate commissions: (a) As an owner or an authorized agent of the owner, offering an existing tenant of the […]
Section 339.2512c – Property Management Performed by Real Estate Broker.
339.2512c Property management performed by real estate broker. Sec. 2512c. (1) Except as otherwise provided in this section, all property management duties, responsibilities, and activities performed by a real estate broker and his or her agent engaged in property management shall be governed by and performed in accordance with a property management employment contract. (2) […]
Section 339.2512d – Service Provision Agreement; Duties; Services; Misleading Public Prohibited; Waiver of Services in Limited Service Agreement.
339.2512d Service provision agreement; duties; services; misleading public prohibited; waiver of services in limited service agreement. Sec. 2512d. (1) A licensee that is acting under the terms of a service provision agreement shall perform the duties described in subsection (2). A real estate broker may authorize a designated agent to represent the client, if that […]
Section 339.2512e – Advertisement.
339.2512e Advertisement. Sec. 2512e. (1) Except as provided in subsection (2), any advertisement to buy, sell, exchange, rent, lease, or mortgage real property or a business opportunity by a real estate broker shall include the broker’s name or the name under which the broker is conducting business; shall include the broker’s telephone number or street […]
Section 339.2512f – Supervision of Real Estate Salesperson.
339.2512f Supervision of real estate salesperson. Sec. 2512f. (1) A real estate broker or associate real estate broker shall supervise the work of a real estate salesperson. For purposes of this subsection, supervision of a real estate salesperson includes at least all of the following: (a) Direct communication in person or by radio, telephone, or […]
Section 339.2513 – Filing Bond or Posting Cash Deposit as Condition Precedent to Issuance of License or Removal of Suspension; Action by Injured Person.
339.2513 Filing bond or posting cash deposit as condition precedent to issuance of license or removal of suspension; action by injured person. Sec. 2513. If an application for a license is made by a person whose license has been denied, suspended, or revoked as a result of disciplinary action for violation of this article or […]
Section 339.2514 – Real Estate Broker or Real Estate Salesperson; Nonresident Applicant; Consent to Service of Process; Application; Disposition of Process or Pleading.
339.2514 Real estate broker or real estate salesperson; nonresident applicant; consent to service of process; application; disposition of process or pleading. Sec. 2514. A nonresident of this state may become a real estate broker or a real estate salesperson by conforming to the requirements of this article. A nonresident applicant shall file an irrevocable consent […]
Section 339.2507 – Discharge or Termination of Real Estate Salesperson; Delivering or Mailing Salesperson’s License to Department; Application for Transfer of License; Communication; Performing Regulated Acts Without License Prohibited; Limitation.
339.2507 Discharge or termination of real estate salesperson; delivering or mailing salesperson’s license to department; application for transfer of license; communication; performing regulated acts without license prohibited; limitation. Sec. 2507. (1) If a real estate salesperson is discharged or terminates employment with a real estate broker by giving the employer a written notice of the […]
Section 339.2508 – Real Estate Broker’s License; Entities to Which Issued; Authorized Acts; Associate Real Estate Broker’s License; Transferability; Suspension; Issuance of New License; Death or Disability of Sole Principal Associate Broker.
339.2508 Real estate broker’s license; entities to which issued; authorized acts; associate real estate broker’s license; transferability; suspension; issuance of new license; death or disability of sole principal associate broker. Sec. 2508. (1) The department may issue a real estate broker’s license to an individual, sole proprietorship, partnership, association, corporation, limited liability company, common law […]