Kan. Admin. Regs. § 86-3-15
Current through Register Vol. 43, No. 49, December 5, 2024
Section 86-3-15 - Reporting of information(a) Each licensee shall report any of the following circumstances to the commission, in writing and within 10 days of the date of occurrence:(1) Any settlement from litigation filed against the licensee or any real estate company owned in whole or in part by the licensee relating to the business of buying, selling, exchanging, or leasing real estate or to any activity listed in the definition of "broker" in K.S.A. 58-3035 and amendments thereto. The licensee shall provide a copy of the settlement agreement;(2) any inal court judgment, memorandum, or other dispositive order against the licensee or any real estate company owned in whole or in part by the licensee;(3) any charge of, arrest or indictment for, plea of guilty or nolo contendere to, or conviction of any of the following:(4) any change in the licensee's name;(5) any change in the licensee's residence address;(6) any change in the licensee's electronic-mail address on ile with the commission;(7) any denial by another jurisdiction of an application made by the licensee for a broker or salesperson license;(8) any suspension or revocation of, or any other disciplinary action taken by another jurisdiction against a broker or salesperson license held by the licensee; or(9) any denial, suspension, revocation, voluntary surrender, or any other disciplinary action taken by the state of Kansas or another jurisdiction against any professional or occupational license or certiicate held by the licensee.(b) Each supervising broker for a partnership, association, or corporation whose members or officers are licensed pursuant to K.S.A. 58-3042, and amendments thereto, shall be responsible for reporting the information required by this regulation as it relates to the partnership, association, or corporation.(c) Each supervising broker and branch broker shall report to the commission any information pursuant to paragraph (a)(3) that is applicable to any associated or employed salesperson or associate broker. This report shall be submitted in writing within 10 days of the date that knowledge of the information comes to the attention of the broker.(d) Each licensee shall report to the licensee's supervising broker or branch broker any information pursuant to paragraph (a)(3) within 10 days of the date of occurrence.Kan. Admin. Regs. § 86-3-15
Authorized by K.S.A. 2017 Supp. 74-4202; implementing K.S.A. 2017 Supp. 58-3042, 58-3043, 58-3050, 58-3062, and 74-4202; effective Jan. 1, 1974; amended, E-81-18, July 16, 1980; amended May 1, 1981; amended May 1, 1984; amended, T-87-32, Nov. 19, 1986; amended May 1, 1987; amended Nov. 8, 2002; amended, T-86-7-2-07, July 2, 2007; amended Nov. 16, 2007; amended by Kansas Register Volume 37, No. 49; effective 12/21/2018.