{"data":{"id":"us-ks/k.s.a.-58-9a-405","jurisdiction":"us-ks","citation":"K.S.A. 58-9a-405","heading":"Receipts from rental property.","body":"To the extent a fiduciary does not account for the management of rental property as a business under K.S.A. 58-9a-403, and amendments thereto, the fiduciary shall allocate to income an amount received as rent of real or personal property, including an amount received for cancellation or renewal of a lease. An amount received as a refundable deposit, including a security deposit or a deposit that is to be applied as rent for future periods:\n(a) Must be added to principal and held subject to the terms of the lease, except as otherwise provided by law other than this act; and\n(b) is not allocated to income or available for distribution to a beneficiary until the fiduciary's contractual obligations have been satisfied with respect to that amount.","path":["Chapter 58.—PERSONAL AND REAL PROPERTY","Article 9a.—UNIFORM FIDUCIARY INCOME AND PRINCIPAL ACT"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch58/058_009a_0405.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-10-15T06:21:01Z","sha256":"e3f31e260464bfa15080f8204a47bfa51634f7896cd9069e17c49395dd0b3024","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-58-9a-404","next":"us-ks/k.s.a.-58-9a-406"},"notice":"GroundRules: Original legal text. Not legal advice."}