Missouri License Discipline, Penalties & Recovery Fund Quick Sheet

📋 The 1-minute cheat sheet

• MREC may investigate complaints and discipline licensees who violate the license law or commission rules.
• Possible actions: censure, probation, suspension, or revocation of a license.
• Serious matters can be referred to the Administrative Hearing Commission for findings before discipline is imposed.
• Grounds include fraud, misrepresentation, commingling of funds, and untrustworthy or dishonest dealing.
• Failure to properly maintain or escrow client funds is a common disciplinary trigger.
• Missouri does not operate a real estate recovery/guaranty fund for consumers, unlike some states.
• Disciplinary outcomes can affect renewal and future licensure eligibility.