KAR 11:210 Licensing Records

Section 9
(1)(a) A licensee shall notify the commission by submitting a completed License Status and Personal Information Update Form, KREC Form 201, or through the online services portal, of a change in the following information:

  1. The licensee’s legal name;
  2. The licensee’s nickname;
  3. Any alternate or assumed name being used by the licensee;
  4. The licensee’s residential address;
  5. The licensee’s electronic mail address or addresses; or
  6. The licensee’s preferred direct or personal phone number.
    (b) If the licensee is changing his or her legal name, he or she shall provide legal documentation supporting the changed name.

    (c) Processing of the changes contemplated in paragraph (a) of this subsection shall require payment of a nonrefundable ten (10) dollar change request fee required by KRS 324.287.

    (d) The licensee shall submit a completed and signed Consent to Jurisdiction and Service of Process, KREC Form 205, if the licensee is moving to a residence outside the Commonwealth of Kentucky.

    (2)(a) A licensee shall notify the commission by completing, signing, and filing with the commission the Certification of Insurance Coverage, KREC Form 203, or through the online services portal, of any change in private professional liability insurance coverage or extended reporting period coverage as required by KRS 324.395.
    (b) This notice shall be accompanied by a nonrefundable ten (10) dollar change request fee required by KRS 324.287(8).

    (3)(a) A principal broker shall notify the commission of any change of his or her primary company location, firm name, alternate or assumed name, doing business as, branch office name, branch office address, designated manager or managers, escrow account or accounts, or email address or addresses by completing, signing, and filing with the commission the Company Information Update Form, KREC Form 202, or through the online services portal.
    (b) This notice shall be accompanied by a nonrefundable ten (10) dollar change request fee required by KRS 324.287.

    (4)(a) A principal broker shall notify the commission of a change in principal broker at an existing real estate brokerage company by submitting a completed Company Change of Principal Broker Form, KREC Form 204, or through the online services portal.
    (b) This notice shall be accompanied by the fee required by KRS 324.287.

    (5)(a) An affiliated licensee shall submit a completed Acceptance and Release Form, KREC Form 200, to change his or her affiliation to another principal broker.
    (b) This form shall be accompanied by the fee required by KRS 324.287.

    (6) A licensee requesting a license history certification shall complete and submit the License Status and Personal Information Update Form, KREC Form 201, accompanied by a nonrefundable ten (10) dollar fee for each certification requested.

    (7) A licensee shall be subject to discipline consistent with the commission’s authority in KRS 324.160(1) for a violation of KRS 324.160(4)(t) if the licensee fails to submit notification to the commission of any changes required by this section within ten (10) days of the change.

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