58-30a06. Compensation paid in installments; when lien is effective and attaches. If compensation to a broker is due in installments and a portion of the compensation is due after the conveyance or transfer of the commercial real estate, any claim for a lien for installment payments due after the transfer or conveyance of such real estate may be recorded any time after the transfer or conveyance of the commercial real estate on behalf of a broker who represented the current owner of the real estate but must be recorded before the date on which the payment is due. Such lien shall be effective as a lien against the commercial real estate only to the extent moneys are still owed to the broker. A single claim for a lien recorded before the transfer or conveyance of the commercial real estate, claiming all moneys due under an installment payment agreement is not valid or enforceable to the extent of the payments due after the transfer or conveyance. The lien attaches for purposes of this paragraph when the claim for lien is recorded.
History: L. 2005, ch. 179, ยง 6; July 1.
Structure Kansas Statutes
Chapter 58 - Personal And Real Property
Article 30a - Commercial Real Estate Broker Lien Act
58-30a03 Amount of lien; conditions.
58-30a06 Compensation paid in installments; when lien is effective and attaches.
58-30a09 Leases; sublease or assignment of lease; notice; attachment.
58-30a10 When additional compensation is owed.
58-30a11 Additional compensation due; action to foreclose lien, time, when.
58-30a12 Broker precluded from receiving compensation; release or satisfaction of lien.
58-30a13 Notice of lien for owner; failure to provide.
58-30a14 Enforcement of lien; foreclosure petition; priority of liens.
58-30a15 Failure to file suit to foreclose lien.
58-30a16 Recording of satisfaction or release of lien, when required.
58-30a17 Who may demand the entering of satisfaction or release of lien.