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, or townhouse to accurately complete and sign the Seller’s Disclosure of Property Condition form required by KRS 324.360, including all necessary initials and signatures, unless the seller-client refuses and documents his or her refusal, or the licensee documents the seller-client refusal, on the Seller’s Disclosure of Property Condition form.

(2) A licensee who is involved in the brokerage of a condominium transaction shall advise the client in writing of the client’s right to receive the Condominium Seller’s Certificate required by KRS 381.9203(1) and the purchasing client’s right to void the sales contract consistent with KRS 381.9203(3).

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