In Missouri real estate licensing, a Missouri broker wants to conduct brokerage business under a name other than the broker legal name or registered entity name. What should the candidate remember?
Correct Answer
B) The broker or entity must first comply with Missouri fictitious-name registration and furnish the commission a copy within ten days after receiving the official registration
20 CSR 2250-4.030 requires a broker or entity using another business name to comply with fictitious-name registration and provide the commission a copy within ten days of receiving official registration. Source basis: Missouri Secretary of State, 20 CSR 2250-4.030 and 20 CSR 2250-4.040, current CSR PDF checked 2026-04-30: a broker using a name other than the broker legal name or registered entity name must first comply with fictitious-name registration and furnish the commission a copy within ten days; brokers must conduct business only under the licensed name/address unless compliant.
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Related Topics & Key Terms
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Related Concepts
In real estate, the distinction between an independent contractor and an employee determines tax treatment, liability, and the level of control a broker may exercise over the agent's daily activities. Most real estate agents operate as independent contractors.
Florida real estate licenses must be renewed biennially, and sales associates have specific post-license education requirements for their first renewal.
License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.
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