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A buyer and seller execute a purchase agreement in Shawnee, Kansas. The agreement contains no written agency disclosure as required by BRRETA. The listing broker has been working with both the buyer and seller throughout the transaction without any written brokerage relationship agreement. Under BRRETA, what is the broker's default legal status in this transaction?

Correct Answer

C) The broker is deemed a transaction broker by default under BRRETA in the absence of a written agency agreement

Under BRRETA (K.S.A. 58-30,101 et seq.), the default brokerage relationship in Kansas — when no written agency agreement has been established — is the transaction broker relationship. Unlike many older common law states where seller agency was the default, Kansas law specifically designates transaction broker status as the default. The broker still owes statutory duties to both parties under this default status, but does not act as a fiduciary agent for either party.

Answer Options
A
The broker is deemed a seller's agent by default because the broker holds the listing
B
The broker is deemed a buyer's agent by default because the buyer initiated contact
C
The broker is deemed a transaction broker by default under BRRETA in the absence of a written agency agreement
D
The broker has no legal status and the transaction is voidable by either party due to the disclosure failure

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Related Topics & Key Terms

Key Terms:

transaction_brokerBRRETAdefault_relationshipagency_disclosurekansas_unique

Related Concepts

An assignment of contract transfers one party's rights and obligations under a contract to a third party called the assignee. The original party, known as the assignor, transfers their contractual position to someone who was not originally part of the agreement.

A bilateral contract is an agreement in which both parties exchange promises and are both obligated to perform, while a unilateral contract is one in which only one party makes a promise and the other party is not obligated to act.

A breach of contract occurs when one party fails to perform their obligations under the contract without a legal excuse. The non-breaching party is entitled to legal remedies including damages, specific performance, or contract rescission.

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