In order to obtain a Kentucky Real Estate License you will need to obtain an FBI background check. There are two methods, but the least expensive, quickest is the direct to FBI method. The following screenshots below will walk you through the important parts of the online application. Step 1- Schedule a time to have…
(1) This section and KRS 381.9205 and 381.9207 apply to all units subject to KRS 381.9101 to 381.9207, except as provided in subsection (2) of this section or as modified or waived by agreement of purchasers of units in a condominium in which all units are restricted to nonresidential use. (2) The certificate referred to…
1) Except as provided in KRS 381.9201(2), a seller of a unit shall furnish to a purchaser or purchaser’s agent before execution of any contract for sale of a unit, or otherwise before conveyance, a copy of the declaration, other than the plats and plans, and a copy of the bylaws, the rules or regulations…
We’ve broken down the important parts of the candidate handbook into easy to read snippets which are easy to search, but we recommend you always download the latest entire PDF from PSI. PSI doesn’t notify us when they update the handbook so it’s always possible testing center locations, directions to testing centers could be different…
Formerly in KAR 11:440- The entire 11:440 regulation was completely eliminated, but we believe the former list is constructive as absolutely no guidance is given in the new regulation except an unlicensed assistant can’t do anything that would require a license. (In other words the new regulation doesn’t define do’s and don’ts) We’ve focused on…
Our searchable knowledge database contains real estate related statutes from both the Kentucky Revised Statutes (KRS 324) & the Kentucky Administrative Regulations. (201 Chapter 11) Our database should be considered an “unofficial text” for information only and is not meant to be complete. We are making public for free this non-commercial easy to read and…
(1) Any person engaging in real estate brokerage without a license shall be guilty of a Class A misdemeanor for a first offense and a Class D felony for any subsequent offenses. Special Note For Understanding: Penalties in KY are more serious the earlier the letter in the alphabet. Class A misdemeanor is more serious…
Nothing in KRS Chapter 324 shall be construed to apply to a person engaged solely in the business of compiling and categorizing information concerning the location and availability of real property which may be leased or rented and who furnishes such information to prospective tenants for a fee.
In case of death or other incapacity of a principal broker having a licensed sales associate or sales associates affiliated at the time of death or other incapacity, the commission reserves the right in its discretion, based upon the merits of each case, to permit one (1) of the sales associates to complete and close…
The purposes of the real estate education, research, and recovery fund shall be as follows: (1) If a licensee, acting in the capacity of a licensee, has been duly found guilty of fraud in the violation of one (1) or more of the provisions of KRS 324.160, and upon the conclusion of a final order…