Am I required to disclose a bankruptcy when applying for a MO license?
According to the Missouri Real Estate Commission, personal bankruptcy has no impact on license eligibility and, therefore, does NOT need to be revealed on the real estate license application.
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Certain convictions will automatically result in the denial of a real estate application. However, the Missouri Real Estate Commission has the authority to deny a real estate license application for convictions that do not result in an automatic denial.
An application may be denied, or a real estate license may be revoked for the following reasons: · Any person who has been shown to be guilty in a court of law for: · Embezzlement · Forgery · Criminal Conspiracy to defraud, among other convictions. Missouri Statute 556.061.(8).
The information regarding past criminal behavior must be included in section 1B of the Missouri real estate application, with additional information included on a separate piece of paper if needed.
Criminal activity that has occurred during a real estate license applicant’s past must be disclosed on the real estate application provided by the Missouri Real Estate Commission.
According to the Missouri Real Estate Commission, personal bankruptcy has no impact on license eligibility and, therefore, does NOT need to be revealed on the real estate license application.