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Occupational Code Section 2511(2) requirements for filing

 

Occupational Code Section 2511(2) Requirements for Filing :

 

The filing requirements regarding Section 2511(2) of the Occupational Code are reprinted below.

Forms applicants use to register can downloaded under "forms and publications" on the Real Estate web page under Quick Links. 

 

 

 

339.2511 Plan or scheme for selling or promoting sale of real estate; game promotion; promotional sales of property located outside state.

 

Section 2511

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(2) A real estate broker who proposes to engage in sales of a promotional nature in this state of property located outside of this state, shall submit to the department a full description of the property and the proposed terms of sale, and the real estate broker and the real estate broker's real estate salespersons shall comply with rules, restrictions, and conditions pertaining to the sale as imposed by the department. An expense incurred by the department investigating the property and the proposed sale of the property in this state, shall be borne by the real estate broker. A real estate broker or real estate salesperson shall not refer to the corporation and securities commission of this state, or to an officer or employee of the commission, in selling, offering for sale, advertising, or otherwise promoting the sale, mortgage, or lease of property, or shall not make a representation that the property has been inspected or approved or otherwise passed upon by the department, or by a state official, department, or employee.

 

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