Kentucky real estate license laws-Sections are hyper-linked if the law references another section of the law or any other regulations. If necessary, hold down either the CTRL key or the SHIFT KEY while clicking your mouse to open an additional window. Numbers that begin with 324 are "laws" (first section is 324:010 passed by the Kentucky State Legislature while numbers that begin with 11 (first regulation is 11:011 are "regulations" passed by the Kentucky real estate commission. (KREC)
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Kentucky Revised Statutes 324:010 Defining terms and application 324:020 Licensing Required; builder-developer; fee splitting; supervision; injunctive relief 324:030 Exceptions to Licensing 324:040 Application for license as broker or sales associate 324:045 Qualifications for license; examination; fee; criminal record check 324:046 Requirements for Initial Licensure 324:080 Form of license certificate; delivery 324:085 Continuing education requirements; qualifications of instructors; administrative regulations 324:090 Expiration of license; fine for failure to renew on time; expired status 324:111 Escrow account of broker; interest; audit; contract deposit release; separate property management accounts 324:112 Broker to manage certain branch offices; qualified sales associate may manage certain branch offices; registration of branch offices; filing of licenses; temporary affiliation of one principal broker with another 324:115 Brokers required to maintain definite place of business; exception for reciprocity agreements324:117 Advertising; affiliations to be listed; administrative regulations of commission 324:121 Designation of licensee as exclusive agent; effect of designation; availability of dual agency324:141 Reciprocal licensing between states; consent to service of process by nonresident applicant 324:142 Promotion of sales in Kentucky of property located outside state 324:150 Investigation of licensee; disciplinary action against licensee; investigative powers of commission 324:151 Complaints; answers 324:162 Duty to disclose 324:165 Prohibited business practices; penalties 324:170 Hearing to precede any disciplinary action; conduct of hearing 324:200 Decision; findings of fact; reason for decision 324:220 No other license to be issued for five years after revocation 324:230 revocation of principal broker's license suspends license of person associated with broker 324:235 Definitions for Commercial Brokerage 324:236 Commercial Law Kentucky Brokerage 324:237 Kentucky Cooperating Brokers 324:238 Commercial Law- Sanctions and Penalties 324:281 Kentucky real estate commission; members; terms; vacancies; duties; mandatory continuing education 324:2811 Automatic removal of member from commission 324:282 Election of chairperson; rules and regulations 324:283 Compensation of commission members 324:284 Employees; office; equipment and supplies 324:285 Seals; records 324:286 Disposition of fees; payments of expenses 324:287 Fees 324:288 Affiliation fees 324:310 Delivery of sales associates license to commission when association terminates; placing license in escrow with commission 324:312 Commission's right for return of associates license; sanction for failure to return 324:330 Notice of change of location, firm name, surname or associate; new license 324:360 Form for seller's disclosure conditions 324:395 Errors and omissions insurance mandatory for all licensees 324:400 Real estate education, research and recovery fund; fees 324:410 Purpose of fund 324:420 Collection by aggrieved party from recovery fund 324:425 Closing existing business of deceased principal broker 324:980 Persons to whom KRS Chapter 324 does not apply 324:990 Penalties Kentucky Administrative Regulations 11:030 License cancellation; reasons for 11:045 Written offers to be submitted to owner-client, agreements to provide brokerage services, licensees duties 11:062 Retention of broker's records 11:090 Instruments prepared by broker; disposition 11:095 Closing statements 11:100 Exclusive listing contract; continuation 11:105 Advertising listed property; advertising public information about specific property- when consent and authorization of owner or principal broker is required 11:110 Exclusive authority retained by original broker 11:115 Auction obligations 11:121 Improper conduct 11:135 Standards for filing a sworn statement 11:145 Salesman's duties when terminating affiliation with broker 11:147 Procedure for license retention when sales associate released by broker 11:170 Private school approval 11:175 Instructor approval procedures and guidelines 11:180 Promotion of out-of-state property and time-shares, registration and prerequisites 11:190 Rules of practice and procedure before the Kentucky real estate commission 11:210 Licensing, education and testing requirements 11:220 Errors and omissions insurance requirements 11:230 Mandatory continuing education 11:240 Distance Education Requirements 11:300 Use of facsimile transmissions 11:350 Seller's disclosure of property conditions form 11:400 Agency disclosure requirements 11:420 Standards of Internet advertising 11:430 Procedure for criminal records background check- disciplinary action against licensee for acts committed before or during the application process 11:440 Personal assistant duties- Click for Personal Assistant Guidelines 11:450 Brokerage management course 11:460 Minimum rating requirements for instructors 371:010 Statue of Frauds; contracts to be written 383:580 Security Deposits 207:250 Disclosure of HIV information in real estate transaction prohibited 367:46951 Definitions for zero call list 367:46955 Prohibited telephone solicitation acts and practices 40 KAR 2:075 Commonwealth of Kentucky zero call list376:075 Engineers', architects, landscape architects', real estate brokers' and land surveyors' liens- When lien not required of real estate broker-Filing statement of amount claimed. |