KAR

Kentucky Administrative Regulations

KAR 11:011 Definitions of Kentucky Administrative Regulations

KRS 324.117(5) requires the commission to promulgate an administrative regulation to define false, misleading, or deceptive advertising. KRS 324.281(5) and...

KAR 11:105 Advertising- Consent Required

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

KAR 11:105 Advertising- Content Required

Section 2. Content Required. (1)(a) The principal broker, or his or her designee, shall establish written standards for review and...

KAR 11:105 Advertising- Display of Content Required

(1) The content required by Section 2(2) of this administrative regulation shall be displayed in written text. The content shall:(a)...

KAR 11:105 Advertising- Use of Alternate or Assumed Names

Section 4. Use of Alternate or Assumed Names. (1) More than one (1) licensee, whether a team, group, other business...

KAR 11:105 Advertising- False, Misleading, or Deceptive Advertising

Section 5. (1) False, misleading, or deceptive advertising is prohibited pursuant to KRS 324.117(1). (2) An advertisement is false, misleading,...

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...

KAR 11:220 Errors and Omission Insurance Requirements

KRS 324.395(1) requires all real estate licensees, except those whose licenses are in inactive status to carry errors and omissions...

KAR 11:190 Consumer and administrative complaints overview; discipline; administrative hearings

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

KAR 11:190 Filing A Complaint

Section 1(1) A complaint shall:(a) Be filed on the Sworn Statement of Complaint, KREC Form 300;(b) Allege a prima facie...

KAR 11:190 Complaint Review, Answers, and Replies

Section 2(1) Upon receipt of a complaint, commission staff shall review the complaint to determine whether the complaint states a...

KAR 11:190 Complaint Screening Committee

Section 3(1)(a) The commission chair may create at least one (1) complaint screening committee.(b) Each complaint screening committee shall consist...

KAR 11:190 Withdrawal of A Complaint

Section 4(1)(a) An answer has not been filed; and(b) The withdrawal is made within twenty (20) days of the date...

KAR 11:190 Settlement by Informal Proceedings

Section 5(1) At any time following the filing of a complaint and answer, the commission, through its legal counsel, may...

KAR 11:190 Standards for Filing a Sworn Statement

Section 6 Any licensee found to have misrepresented facts in any sworn statement shall be subject to disciplinary proceedings by...

KAR 11:190 Emergency Orders And Hearing

Section 7(1) Consistent with KRS 324.150(1)(b) and KRS 13B.125, the commission may issue an emergency order prior to conducting a...

KAR 11:190 Recovery Fund Proceedings

Section 8 (1) If the Commission determines that the recovery fund shall be at issue in an administrative hearing, the...

KAR 11:210 Licensing, Education, and Testing Requirements

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

KAR 11:210 Initial Sales Associate License

Section 1(1) Prior to applying for an initial sales associate license, a prospective applicant shall complete six (6) academic credit...

KAR 11:210 Broker’s License

Section 2(1) Prior to applying for a broker’s license, a prospective applicant shall:(a) Complete not less than twenty-one (21) academic...