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58-30,102. Definitions.
As used in the brokerage relationships in real estate transactions act,
unless the context otherwise requires:
- "Affiliated licensee" means any individual licensed
as a salesperson or broker under the Kansas real estate brokers' and
salespersons' license act who is employed by a broker or affiliated
with a broker as an independent contractor.
- "Agency" means every relationship in which a broker
acts for or represents another, by the latter's express written authority,
in a real estate transaction. "Agency" also means the relationship
in which a broker, by verbal authorization pursuant to subsection
(d)(2) of K.S.A. 2001 Supp. 58-30,103, and amendments thereto, acts
for or represents any agency of the federal government in the sale
of property owned by the federal agency.
- "Agency agreement" means a written agreement setting
forth the terms and conditions of the relationship between a broker
and the broker's client.
- "Broker" means: (1) An individual who is licensed
as a broker under the Kansas real estate brokers' and salespersons'
license act and who has an agency with a seller, buyer, landlord or
tenant or acts as a transaction broker; or (2) a corporation, partnership,
association or limited liability company, of which the officers and
members, or persons employed by or associated with the corporation,
partnership, association or limited liability company, are licensed
pursuant to K.S.A. 58-3042 and amendments thereto and which has an
agency with a seller, buyer, landlord or tenant or acts as a transaction
broker. The term "broker" includes the broker's affiliated
licensees except where the context would otherwise indicate. If an
individual broker is indicated by the context, the term "broker"
means the supervising broker as defined by K.S.A. 58-3035 and amendments
thereto.
- "Brokerage firm" means the business entity of a broker,
whether a proprietorship, partnership, corporation, association or
limited liability company.
- "Buyer's agent" means a broker who has an agency
with a buyer. The term includes the broker's affiliated licensees.
- "Client" means a seller, landlord, buyer or tenant
who has an agency with a broker.
- "Commission" means the Kansas Real Estate Commission.
- "Confidential information" means information made
confidential by statute, rule, regulation or instructions from the
client or personal information about the client which might place
the other party at an advantage over the client unless 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 licensee.
- "Customer" means a seller, landlord, buyer or tenant
in a real estate transaction in which a broker is involved but who
has not entered into an agency with the broker.
- "Designated agent" means a licensee
affiliated with a broker who has been designated by the broker, or
the broker's duly authorized representative, to act as the agent of
a broker's buyer or seller client to the exclusion of all other affiliated
licensees.
- "Landlord's agent" means a broker who has entered
into an agency with a landlord. The term includes the broker's affiliated
licensees.
- "Licensee" means any person licensed under the Kansas
real estate brokers' and salespersons' license act as a broker or
salesperson.
- "Ministerial acts" means those acts that a licensee
may perform for a person that are informative in nature and do not
rise to the level of active representation on behalf of a person.
Examples of these acts include, but are not limited to:
- Responding to telephone inquiries by consumers as to the availability
and pricing of brokerage services;
- responding to telephone inquiries from a person concerning
the price or location of property;
- attending an open house and responding to questions about the
property from a consumer;
- setting an appointment to view property;
- responding to questions of consumers walking into a licensee's
office concerning brokerage services offered on particular properties;
- accompanying an appraiser, inspector, contractor or similar
third party on a visit to a property;
- describing a property or the property's condition in response
to a person's inquiry; or
- referral to another broker or service provider.
- "Seller's agent" means a broker who has an agency
with a seller. The term includes the broker's affiliated licensees
and subagents of the broker.
- "Qualified third party" means a federal, state or
local governmental agency or any person whom the broker, the affiliated
licensee or a party to the real estate transaction reasonably believes
has the expertise necessary to meet the industry standards of practice
for the type of inspection or investigation that has been conducted
by the third party in order to prepare a written report.
- "Statutory agent" means a seller's agent, a buyer's
agent, a landlord's agent, a tenant's agent or a designated agent
in a real estate transaction.
- "Tenant's agent" means a broker who has an agency
with a prospective tenant. The term includes the broker's affiliated
licensees.
- "Transaction broker" means a broker who assists one
or more parties with a real estate transaction without being an agent
or advocate for the interests of any party to such transaction. The
term includes the broker's affiliated licensees.
(History: L. 1995, ch. 252, § 2; Revived, L. 1997, ch. 65, §
24; L. 1997, ch. 65, § 25; Oct. 1.)
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