58-30a16. Recording of satisfaction or release of lien, when required. If a lien filed pursuant to this act has been paid in full or otherwise discharged, or if the broker fails to institute a suit to enforce the lien within the time provided by K.S.A. 58-30a11 and 58-30a14, and amendments thereto, the broker shall record the satisfaction or release of such lien in writing upon written demand within 20 days after such demand in the office of the register of deeds of the county in which the commercial real estate is located.
History: L. 2005, ch. 179, ยง 16; 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.