| Item | Value |
|---|---|
| Is an assignment legal here? | yes |
| What the matrix says about it | Assignment of one's own purchase contract is a common-law right and is not itself licensed activity in this state; the constraint is on MARKETING and on DISCLOSURE. |
| Marketing rule the gate enforces | own_account_exemption_not_located |
| What that means in practice | The 'on behalf of ... the purchaser' wording is broader than a plain 'for another', and F5259 located no express own-account exemption in 58-3035. Kansas FAILS CLOSED pending counsel on K.S.A. 58-3036 (exempt persons). |
| What triggers a licence requirement | K.S.A. 58-3035 reaches a person who 'for compensation' does the listed acts 'as an employee of, or on behalf of, the owner, purchaser, lessor or lessee of real estate', and subsection (f)(6) expressly covers one who 'buys, sells, offers to buy or sell or otherwise deals in options on real estate'. |
| Written seller disclosure required? | yes |
| Basis for the disclosure | Contract term + state UDAP/consumer-protection statute. |
| Statutory wording required? | no |
| F5259 bucket | EXCLUDE |
| Condition the gate enforces | EXCLUDED pending verification of the K.S.A. 58-3036 exemptions. Research gap, not a confirmed prohibition. |
| Verification status | PRIMARY_STATUTE |
| Attorney review required before first use? | yes |
| Lead class | Verdict |
|---|---|
| land | NO |
| preforeclosure non owner occupied | NO |
| preforeclosure owner occupied | NO |
| probate | NO |
| tax delinquent | NO |
the whole grid · probate in KS · the disclosure blocks
Not legal advice. We are not a law firm and we do not draft documents for anyone else. A template is a starting point for a transaction you are a principal in; it is not a substitute for a lawyer licensed in the state the property sits in, and in several states the disclosure below has statutory wording that must be copied exactly. Have counsel read it before you sign.
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