Standards of Professional Conduct

Regulations in KAR 11:121

KAR 11:121 Standards of Professional Conduct

KRS 324.281(5) and 324.282 require the Real Estate Commission, with the approval of the executive director of the Kentucky Real...

KAR 11:121 Improper Conduct

Section 1. Improper Conduct. (1) In addition to the obligations and prohibitions set forth in KRS 324.160, a licensee shall...

KAR 11:121 Submission of Written Offers

Section 2. Submission of Written Offers. (1) If a principal broker has entered into a written listing agreement, or any...

KAR 11:121 Listing and Purchase Contracts

Section 3. (1) A listing contract completed by or at the direction of a licensee shall include the:(a) Listing price...

KAR 11:121 Required Disclosures

Section 4(1) A licensee shall direct the seller-client of a single family residential real estate dwelling, duplex, triplex, four-plex, condominium,...

KAR 11:121 Prospective Client Disclosures

Section 5(1) A licensee shall complete, time and date, and deliver to the appropriate prospective client the commission’s Guide To...

KAR 11:121 Agency Consent Agreement

Section 6(1) Prior to entering into a written agreement to provide real estate brokerage services or completing, or directing the...

KAR 11:121 Affiliation

Section 7(1) The principal broker shall be the owner of all written contracts for provision of real estate brokerage services,...

KAR 11:121 Facsimile (FAX) and Digital Transmissions

Section 8(1) A licensee may use facsimile (FAX) devices and digital transmissions to transmit and receive documents according to the...

KAR 11:121 Principal Broker Duties and Prohibitions

Section 9(1) A principal broker shall confidentially preserve, either in hard copy or digital format, for five (5) years following...

KAR 11:121 Property Management

Section 10(1) A principal broker, or an affiliated licensee, shall not engage in property management without a current written property...