Broker - As Used in Brokerage Relationships (Kansas State Definitions)
‘‘Broker’’ means: (1) An individual who is licensed as a broker under the Kansas real estate brokers’ and salespersons’ license act and who has an agency with a seller, buyer, landlord or tenant or acts as a transaction broker; or
(2) an association, corporation, limited liability company, limited liability partnership, partnership or professional corporation, of which the officers and members, or persons employed by or associated with the association, corporation, limited liability company, limited liability partnership, partnership or professional corporation, are licensed pursuant to K.S.A. 58- 3042, and amendments thereto and which has an agency with a seller, buyer, landlord or tenant or acts as a transaction broker. The term ‘‘broker’’ includes the broker’s affiliated licensees except where the context would otherwise indicate. If an individual broker is indicated by the context, the term ‘‘broker’’ means the supervising broker as defined by K.S.A. 58-3035, and amendments thereto.
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