Western Kentucky University
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These notes go into how human evolution and culture developed and adapted over time as well as cultural similarities with other species
Notes about the outline, characteristics, and major mechanisms of culture
Going into detail about the Four main fields of Anthropology and what they study
This set is from the first lecture going over the basics of Anthropology as a whole
KY Real Estate - Ch. 5| 73 questions and answers
Ch 63 The Kentucky Real Estate Commission and the Real Estate Education, Research and Recovery Fund
1. A bill of sale is used to transfer the ownership of 
personal property 
 
 
 
2. The uniqueness of land and its inability to be substituted is called 
Nonhomogeneity 
 
 
 
3. real estate professional Miguel helps both buyers and sellers with paperwork for transferring property. He is not an agent of either party but he may not disclose either parties confidential information to the other. Which of the following best describes Miguel 
transactional broker 
 
 
 
4. A buyer and seller are both...
Ownership that cannot be created by law but my parties expressed intent? 
tenancy by the entireties 
 
 
 
Is scarcity a physical characteristic of land? 
No 
 
 
 
What is NOT a duty of the real estate agent? 
To accept an offer on behalf of the client 
 
 
 
The seller accepted a signed offer. The earnest money must... 
be placed in the broker's escrow account within 3 business days 
 
 
 
When must an Agency Disclosure Statement must be signed by the buyer? 
before making an offer on the pro...
Which of the following is true regarding the Kentucky Real Estate Commission? 
A.) Commissioners serve staggered 6-year terms. 
B.) Seven members are elected to 5-year terms. 
C.) One member must represent the public. 
D.) Members are elected to office by the public. 
C 
 
 
 
The Kentucky Real Estate Commission is empowered to 
A.) enact laws to regulate the real estate industry. 
B.) establish uniform standards for brokerage operations such as commissions. 
C.) enforce license laws and discipl...
In accordance with the Closing Costs section of the KREC Real Estate Purchase Offer or Contract, who pays for the transfer tax and preparation of the deed? 
 
Either the buyer or the seller pay. 
The buyer pays. 
The costs are split equally between the buyer and seller. 
The seller pays. 
THE SELLER PAYS 
 
(The seller pays the transfer tax for the deed, as well as for the deed's preparation. The buyer pays for the opinion of title unless the title is found to be defective, in which case the se...