Kansas License Law
What is the 'inactive' license status in Kansas and what may an inactive licensee do?
AThey may perform all real estate activities without a broker
BThey may not perform any acts requiring a license until they reactivate by meeting CE requirements and paying fees✓ Correct
CThey may only assist licensed agents without compensation
DThey may only list properties, not sell them
Explanation
An inactive Kansas licensee cannot perform any acts requiring a real estate license. To reactivate, they must complete required continuing education and pay reinstatement fees to KREC.
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Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Comparable Sales (Comps)Recently sold properties similar in size, condition, and location used by appraisers and agents to estimate a property's market value.
Fee SimpleThe highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
State-Specific Concepts
Continuing Education
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