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A Kansas property management agreement is a contract that details the rights and responsibilities of a property manager hired by a landlord. It includes their day-to-day duties, their compensation, and the length of their term as manager. The agreement can be used for residential or commercial property, though the manager will require a license if they are managing a commercial property.
Laws
License Required? Yes, a license is required for managing property (§ 58-3035(f)), though not in the following cases:
- If the manager is the property owner (§ 58-3037(a)).
- If the manager is an employee that owns 5% or more of the company that owns the property (§ 58-3037(i)).
- If the manager is an individual or entity selling or leasing a property they built (§ 58-3037(j)).
- For managing a property used for agriculture (§ 58-3037(k)).
Verify a Manager – licensing.ks.gov