Terms Used In Kansas Statutes 58-30a01

  • Commercial real estate: means any real estate and any interest therein, except:

    (1) Real estate containing one to four residential units;

    (2) real estate containing single-family residential units such as condominiums, townhouses or homes in a subdivision when sold, leased or otherwise conveyed on a unit by unit basis, even though these units may be a part of a larger building or parcel of real estate containing more than four residential units;

    (3) real estate on which no buildings or structures are located and which is zoned for single-family residential use; or

    (4) real estate used for agricultural purposes. See Kansas Statutes 58-30a02

  • Lien: A claim against real or personal property in satisfaction of a debt.

Kan. Stat. Ann. §§ 58-30a01 to 58-30a18, inclusive, and amendments thereto, shall be known and may be cited as the commercial real estate broker lien act.