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Practice Of Real EstateLicense_lawEASY

Sarah is a newly licensed Kansas salesperson who wants to begin practicing real estate. Under Kansas law, which of the following correctly describes the requirement she must satisfy before she can legally engage in real estate activities?

Correct Answer

B) She must affiliate with and work under a licensed Kansas real estate broker

Under K.S.A. 58-3034 et seq., a Kansas salesperson license is not independent. A salesperson must be affiliated with and work under a licensed Kansas real estate broker. The salesperson's license is issued in association with the sponsoring broker, and the salesperson cannot practice independently.

Answer Options
A
She must register independently with KREC and open her own trust account
B
She must affiliate with and work under a licensed Kansas real estate broker
C
She must complete an additional 60 hours of post-license education within 90 days
D
She must obtain errors and omissions insurance before KREC will activate her license

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Related Topics & Key Terms

Key Terms:

salesperson_licensebroker_supervisionlicense_activationkrec

Related Concepts

Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.

Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.

Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.

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