Missouri § 339.790 - Commencement of agreement, when — duties after termination of agreement.

§ 339.790. Commencement of agreement, when — duties after termination of agreement.

1.  The relationships set forth in this section commence on the effective date of the real estate broker's agreement and continue until performance, completion, termination or expiration of that agreement.

2.  A real estate broker and an affiliated licensee owe no further duty or obligation after termination, expiration, completion or performance of the brokerage agreement, except the duties of:

(1)  Accounting in a timely manner for all money and property related to, and received during, the relationship; and

(2)  Treating as confidential information provided by the client during the course of the relationship that may reasonably be expected to have a negative impact on the client's real estate activity unless:

(a)  The client to whom the information pertains grants written consent;

(b)  Disclosure of the information is required by law;

(c)  The information is made public or becomes public by the words or conduct of the client to whom the information pertains or from a source other than the real estate brokerage or the affiliated licensee; or

(d)  Disclosure is necessary to defend the designated broker or an affiliated licensee against an action of wrongful conduct in an administrative or judicial proceeding or before a professional committee.

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(L. 1996 S.B. 664 § 9)

Effective 9-01-97

---- end of effective  01 Sep 1997 ----

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