For the Missouri salesperson state portion under Licenses, a Missouri salesperson asks whether the license can be held under two brokers at the same time. Which statement is correct?

Correct Answer

A) A salesperson or broker-salesperson license is issued only to a person associated with a licensed broker, and the licensee cannot be licensed with more than one broker during the same period

20 CSR 2250-4.050 states that broker-salesperson and salesperson licenses issue only to persons associated with a licensed broker and cannot be licensed with more than one broker at the same time. Source basis: Missouri Secretary of State, 20 CSR 2250-4.050, current CSR PDF checked 2026-04-30: broker-salesperson/salesperson licenses issue only to persons associated with a licensed broker; a licensee cannot be licensed with more than one broker at the same time; brokers must notify the commission within 72 hours after termination; transfer/change status must occur within six months or MREP/requalification rules apply; a properly completed transfer between brokers is effective when mailed by certified, registered, or overnight delivery if all required materials are included.