Kansas
Assignments restricted: KREC license issueRisky if you’re not licensed.
The Kansas Real Estate Commission (KREC) says you need a real estate license to “sell a contract interest,” deal in options, or market a property you don’t own. Kansas has no wholesaling-specific statute. Selling property you own needs no license.
Key options
- Double closeLower risk
- Get licensedCleanest long-term
- JV with a brokerCommon workaround
- LLC saleTalk to an investor-friendly real estate attorney
- AssignmentRestricted in Kansas
Source: KREC guidance. Not legal advice.
Title companies: Kansas in the title directory.