58-3083. Expiration of certain licenses; notifications required, when.
- Unless notification is provided to the commission prior to the
expiration date or deactivation date of the supervising broker's or
branch broker's license that another broker will act as the supervising
broker or branch broker, the supervising broker or branch broker whose
license expires or is deactivated, on or before the expiration date
or deactivation date of the license, shall advise all clients and
customers that the supervising broker or branch broker and any licensees
that are employed by or associated with the supervising broker or
branch broker will be unable to perform the terms and conditions contained
in the listing or brokerage agreement with the client or customer
after the expiration date or deactivation date of the supervising
broker's or branch broker's license. Upon receipt of notice from the
supervising broker or branch broker or the expiration date or deactivation
date of the supervising broker's or branch broker's license, whichever
is earlier, the client or customer may enter into a listing or brokerage
agreement with another broker of their choice.
- Unless the commission notifies the supervising broker or branch
broker in writing that the commission has authorized another broker
to act as the supervising broker or branch broker during the period
of suspension, deactivation or revocation, the supervising broker
or branch broker whose license is suspended, deactivated or revoked,
within five calendar days after the effec
tive date of the order of suspension, deactivation or revocation,
shall advise all clients and customers that the supervising broker
or branch broker and any licensees that are employed by or associated
with the supervising broker or branch broker will be unable to perform
the terms and conditions contained in the listing or brokerage agreement
with the client or customer after the effective date of the suspension,
deactivation or revocation. Upon receipt of notice from the supervising
broker or branch broker, or upon the effective date of the order of
suspension, deactivation or revocation if notice is not properly given,
the client or customer may enter into a listing or brokerage agreement
with another broker of their choice.
- A supervising broker or branch broker whose license expires or is
suspended, deactivated or revoked may not sell or assign listings
and brokerage agreements to another broker without the written consent
of the owner of the property, and any sale or assignment of a listing
or brokerage agreement must be completed prior to the expiration of
the supervising broker's or branch broker's license or the effective
date of the order of suspension, deactivation or revocation.
- The provisions of this section shall be a part of and supplemental
to the Kansas real estate brokers' and salespersons' license act.
(History: L. 2007, ch. 88, § 13; L. 2009, ch. 7, § 7; July
1.)