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Section 381.019 Required disclosures.

MO Rev Stat § 381.019 (2019) (N/A)
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Effective 01 Jan 2008, see footnote

381.019. Required disclosures. — 1. A title insurer, title agency or title agent participating in a settlement or closing of a residential real estate transaction shall provide clear, conspicuous, and distinct disclosure of premiums and charges. The director shall adopt rules not in conflict with provisions of the federal Real Estate Settlement Procedures Act, as amended, under section 381.042 to implement disclosure of the following:

(1) Premium;

(2) Abstract or title search and examination fee and any other associated charges or fees; and

(3) Settlement, escrow, or closing fees.

2. A violation of any provision under this section is a level two violation under section 374.049.

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(L. 2007 S.B. 66)

Effective 1-01-08

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Section 381.018 Written contract with title insurer required for commitment or policy issuance, statement of financial condition when, contents, review and notification requirements, inventory, proof of licensure, penalty for violation.
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Section 381.022 Title insurer, agency or agent not affiliated with a title agency may operate as an escrow, security, settlement or closing agent, when, penalty for violations.