Form T-4 Affiliated Business Disclosure - Missouri

What Is Form T-4?

This is a legal form that was released by the Missouri Department of Commerce and Insurance - a government authority operating within Missouri. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form T-4 Affiliated Business Disclosure?A: Form T-4 is a disclosure form used in Missouri to disclose affiliated business relationships.

Q: Who needs to fill out Form T-4?A: Any person or entity engaged in the business of title insurance or closing of real estate transactions in Missouri needs to fill out Form T-4.

Q: What is an affiliated business?A: An affiliated business is a business entity that has a business relationship with a title insurer, title insurance agency, or title insurance agent.

Q: What information is required on Form T-4?A: Form T-4 requires the disclosure of the names, addresses, and ownership percentages of any affiliated businesses.

Q: Why is Form T-4 important?A: Form T-4 is important because it allows consumers to be aware of any affiliated business relationships that may exist in a real estate transaction.

Q: When does Form T-4 need to be filed?A: Form T-4 needs to be filed prior to or at the closing of a real estate transaction, along with other required documents.

Q: Are there any penalties for not filing Form T-4?A: Yes, failure to complete and file Form T-4 may result in penalties and disciplinary action.

Q: Can I use a different form instead of Form T-4?A: No, Form T-4 is the specific form required by the Missouri Department of Insurance, Financial Institutions and Professional Registration for disclosing affiliated business relationships.

Q: Is Form T-4 only required in Missouri?A: Yes, Form T-4 is specific to Missouri and is not required in other states.