Bill > HB2322

This bill regulates contract for deed transactions in Kansas. It allows for the recording of contract for deeds or affidavits of equitable interest, lists deceptive practices that constitute violations of the consumer protection act, requires notice to the buyer of default, and allows buyers to cure violations of such default. The bill defines key terms such as "buyer," "contract for deed," and "seller." It also provides restrictions on sellers, such as requiring them to hold title to the property free from any mortgage, lien, or other encumbrance, with some exceptions. The bill aims to protect buyers in contract for deed transactions and provide them with certain rights and remedies.

Justice

http://kslegislature.org/li/b2021_22/measures/hb2322/