Missouri Real Estate Broker Exam — All Questions

Section 339.015, effective August 28, 2025, addresses criminal background checks for Missouri real estate applicants. What does it provide?

• a.The Commission must require fingerprints, which go to the Highway Patrol and on to the FBI
• b.The Commission may require fingerprints, which go to the Highway Patrol and on to the FBI✓
• c.The Commission may require fingerprints, which go to the Commission's own records unit only
• d.The Commission must require fingerprints, which go to the FBI without any state records search

Section 339.015.1 is permissive, and the distinction is the point of the section: the Commission "may require that fingerprint submissions be made as part of an application seeking licensure as a real estate broker, real estate salesperson, and real estate broker-salesperson." It does not itself impose fingerprinting on every applicant. Subsection 2 then says that if the Commission does require them, applicants submit the fingerprints "to the Missouri state highway patrol for the purpose of conducting a state and federal fingerprint-based criminal history background check," and subsection 3 sends them to the Patrol's central repository, where they are "used for searching the state criminal records repository and shall also be forwarded to the Federal Bureau of Investigation for a federal criminal records search under section 43.540." Both searches happen, and the Patrol — not the Commission — is the receiving agency. The section was enacted by L. 2025 S.B. 71 merged with S.B. 81 & 174.

Under section 339.040.5, what must an applicant for a Missouri broker license show about experience and education?

• a.Two years actively engaged as a licensed salesperson, and the broker course completed within one year
• b.One year actively engaged as a licensed salesperson, and the broker course completed within six months
• c.Two years actively engaged as a licensed salesperson, and the broker course completed within six months✓
• d.Three years actively engaged as a licensed salesperson, and the broker course completed within two years

Section 339.040.5 requires each broker application to include "a certificate from the applicant's broker or brokers that the applicant has been actively engaged in the real estate business as a licensed salesperson for at least two years immediately preceding the date of application," together with a certificate from a Commission-accredited school "that the applicant has, within six months prior to the date of application, successfully completed the prescribed broker curriculum." Two years and six months are the two numbers, and the same subsection lets the Commission "waive all or part of the requirements ... when an applicant presents proof of other educational background or experience acceptable to the commission." In administering this the Commission states the experience requirement as twenty-four of the last thirty months of active Missouri salesperson licensure, which is how PSI bulletin 4673 phrases it; either way one year is too little and three years too many.

A Missouri broker begins doing business under a name other than the broker's legal name. What does 20 CSR 2250-4.030 require?

• a.Register the fictitious name with the Commission and send the secretary of state a copy within ten days
• b.Register the fictitious name with the secretary of state and send the Commission a copy within thirty days
• c.Register the fictitious name with the secretary of state and send the Commission a copy within ten days✓
• d.Register the fictitious name with the county recorder and send the Commission a copy within ten days

20 CSR 2250-4.030(1) provides that any broker doing business under a name other than the broker's legal name, or any entity doing business under a name other than the one registered with the secretary of state, "shall first comply with the provisions of sections 417.200-417.230, RSMo on the registration of fictitious names and shall furnish the commission a copy of the registration within ten (10) days of receipt of the official registration from the secretary of state." The order is fixed: registration happens at the secretary of state's office, and the Commission receives a copy afterwards, so reversing the two agencies describes a filing Missouri does not use. The county recorder records instruments affecting land and has no role in fictitious-name registration. The window is ten days, not thirty.

A Missouri broker moves the brokerage to a new business address. Under 20 CSR 2250-4.040, when must the Commission be notified?

• a.In writing within ten days before the change becomes effective
• b.In writing within thirty days after the change becomes effective
• c.In writing within seventy-two hours after the change becomes effective
• d.In writing within ten days after the change becomes effective✓

20 CSR 2250-4.040(1) provides that "A broker shall not conduct business under any other name or at any other address than the one for which the broker's individual license is issued unless the broker first complies with 20 CSR 2250-4.030. If a broker changes his/her name, home or business address, the broker shall notify the commission in writing within ten (10) days after the change becomes effective." The clock runs from the effective date of the change, so a notice due beforehand misstates the rule. Thirty days belongs to a different obligation — 20 CSR 2250-8.170(1) gives a licensee thirty days to answer a written request or inquiry from the Commission. The seventy-two hour figure is the deadline in 20 CSR 2250-4.050(3) for returning a terminated licensee's license, not for an address change.

What distinguishes a Missouri real estate broker-salesperson under section 339.010?

• a.The person holds a broker license in good standing but is associated with, and may not also operate as, a broker✓
• b.The person holds a salesperson license but has completed the broker curriculum and awaits examination
• c.The person holds a broker license in good standing and may operate a separate brokerage concurrently
• d.The person holds a salesperson license and supervises other salespersons for the associated broker

Section 339.010.3 defines a real estate broker-salesperson as one "who has a real estate broker license in good standing, who for a compensation or valuable consideration becomes associated, either as an independent contractor or employee, either directly or indirectly, with a real estate broker to do any of the things above mentioned," and then adds the restriction that settles the question: "A real estate broker-salesperson may not also operate as a real estate broker." So the license is at broker level while the practice is under another broker, and running a brokerage at the same time is exactly what the sentence forbids. The two salesperson answers describe the wrong license class altogether; supervising other licensees is the sales manager role, which under 20 CSR 2250-8.040(1) itself requires a broker-salesperson license or a broker-partner, broker-associate or broker-officer license.

A salesperson terminates the association with a Missouri broker. Under 20 CSR 2250-4.050, what must the broker do?

• a.Notify the Commission and return the licensee's license within seventy-two hours of the termination✓
• b.Notify the Commission and return the licensee's license within ten days of the termination
• c.Notify the Commission and retain the licensee's license until the licensee joins a new broker
• d.Notify the Commission and return the licensee's license within thirty days of the termination

20 CSR 2250-4.050(3) provides that "Within seventy-two (72) hours of the termination of the association of any broker-salesperson or salesperson, a broker shall notify the commission and shall return to the commission that licensee's license," and adds that "The broker shall provide a dated and timed receipt to the licensee when the licensee submits a letter of termination to the broker" — the timed receipt exists because the deadline is measured in hours. Holding the license until the licensee finds a new broker inverts the rule; the license goes back to the Commission, which is what makes the licensee inactive in the interim. Ten days is the address-change deadline in 4.040(1) and the branch-office notice deadline in 8.030(4); thirty days is the deadline for answering a Commission inquiry under 8.170(1).

A Missouri limited liability company applies for a real estate broker license. What does Chapter 339 require of the entity?

• a.It must appoint a managing member who is responsible for the entity's acts in real estate brokerage
• b.It must appoint a designated broker only if it maintains more than one place of business
• c.It must appoint a resident agent who is responsible for the entity's acts in real estate brokerage
• d.It must appoint a designated broker who is responsible for the entity's acts in real estate brokerage✓

Section 339.710(12) closes its definition of "designated broker" with a flat command: "Every real estate broker partnership, limited partnership, association, limited liability company, professional corporation or corporation shall appoint a designated broker." The designated broker is an individual licensed as a broker who is "appointed by" the entity "to be responsible for the acts of" it. The requirement carries no size threshold, so conditioning it on multiple offices adds a qualification the definition does not contain. A managing member or a resident agent may exist for company-law or service-of-process purposes but neither need hold a broker license, and section 339.030(1) separately requires individual licenses for every member, manager, or officer who actively participates in the brokerage business.