Substitute for HB 2598 by Committee on Commerce, Labor and Economic Development - Authorizing the Kansas real estate commission to issue cease and desist orders, prohibiting dealing in assignable contracts for certain residential real estate and providing that certain violations thereof are subject to the Kansas consumer protection act, regulating contract for deed transactions, authorizing recording of contract for deeds or affidavits of equitable interest, listing deceptive practices constituting violations of the consumer protection act, requiring notice to the buyer of default and allowing buyers to cure such default.
An Act Concerning The Removal Of Unauthorized Persons From Real Property, Continuing Education Requirements For Real Estate Licensees, Requiring A Study Of Residential Real Property Wholesaling And Revising The Title Of A Real Estate Salesperson To A Real Estate Agent.
Real estate commission; real estate brokers, companies, salespersons; training, qualifications licensure; penalties for certain licensee conduct; required disclosures, prohibited conduct
Real estate transactions; required disclosure forms; description of brokerage services; terms of compensation; required written brokerage agreements under certain circumstances; penalties and fines for certain violations; duties of qualifying brokers and licensees; scope of operation of teams