58-3060. Brokers; principal place of business, requirements.
- Each licensed resident broker shall have and maintain a principal
place of business in the state of Kansas, or in an adjoining state
with the written permission of the Commission, which shall serve as
such broker's primary office for the transaction of business. Each
licensed nonresident broker shall have and maintain a principal place
of business in the broker's state of residence or in the state of
Kansas which shall serve as such broker's primary office for the transaction
of business.
- A supervising broker shall be designated to supervise the primary
office and the activities of salespersons and associate brokers assigned
to the primary office. Each additional office or place of business,
other than the primary office, shall be designated a branch office
and a branch broker shall be designated to supervise such office and
the activities of salespersons and associate brokers assigned to such
office.
- A branch broker's license and those of salespersons and associate
brokers assigned to the branch office shall be displayed in the branch
office. All other licenses of brokers, salespersons and associate
brokers shall be displayed in the broker's primary office.
- A broker shall give written notice to the director of any change
in location of any office of the broker, by returning licenses for
cancellation and reinstatement under the new location as provided
by K.S.A. 58-3047 and amendments thereto.
- The requirement of maintaining an office as provided by this section
shall not apply to an associate broker, to a broker whose license
is on deactivated status or to an officer, member, partner, shareholder
or employee of an association, corporation, limited liabilitiy company,
limited liability partnership, partnership or professional corporation
who is not designated as the supervising broker of an office of the
association, corporation, limited liabilitiy company, limited liability
partnership, partnership or professional corporation.
(History: L. 1980, ch. 164, § 27; L. 1986, ch. 209, § 12;
L. 2010, ch. 104; § 8. July 1.)
