Kansas License Law

In Kansas, a licensee who receives an excessive payment from a transaction beyond what was disclosed in the agency agreement has committed:

AA minor administrative error
BConversion of undisclosed compensation — a serious violation of license law✓ Correct
CAn acceptable practice if the client is satisfied
DAn act requiring only written disclosure after the fact

Explanation

Receiving undisclosed or excessive compensation is a conversion of funds and a serious violation of Kansas license law — all compensation must be disclosed and agreed upon in advance.

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