Kansas · K.S.A. 79-1437c–gKansas real estate sales validation questionnaire: what it is and when it's required

No deed or instrument transferring title to Kansas real estate, and no affidavit of equitable interest, may be recorded by the register of deeds unless it's accompanied by a real estate sales validation questionnaire completed by the grantor or grantee or an agent of either (K.S.A. 79-1437c). The questionnaire isn't filed of record; the register keeps it for five years and, with the county clerk, uses it to help the director of property valuation. The director devises the form; it asks for the property's identification and location, the purchaser's name and address, the sales price, the date of sale, the property's classification, circumstances of the sale, whether personal property was included, whether the buyer assumed mortgages, liens, loans, leases or taxes, the method of financing and special assessments – but never the interest rate or specific term of a mortgage (79-1437d). It isn't required for 16 kinds of transfers, among them deeds securing or releasing a debt, corrective deeds without added consideration, gifts stated in the deed, transfers to or from a trust without consideration, divorce transfers between the parties, sheriff's deeds and repossessions; the exemption must be clearly stated on the document filed (79-1437e). The contents are available only to listed users, including county officials and appraisers, licensed or certified appraisers, financial institutions for appraisals, and real estate licensees serving clients (79-1437f). Falsifying the value is a misdemeanor with a fine up to $500 (79-1437g).