Under the Kansas Real Estate Brokers' and Salespersons' License Act, which of the following is NOT a ground for disciplinary action against a Kansas real estate licensee by KREC?
Correct Answer
C) Representing a buyer and a seller in the same transaction with both parties' written consent under BRRETA
Under K.S.A. 58-30,101 et seq. (BRRETA), representing both a buyer and a seller in the same transaction is permissible in Kansas when both parties provide written informed consent and the relationship is properly disclosed. Dual agency or designated agency conducted in compliance with BRRETA is a lawful practice, not a ground for discipline. Therefore, this is NOT a disciplinary ground.
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Related Topics & Key Terms
Key Terms:
Related Concepts
The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
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