Ky state real estate exam - Study guides, Class notes & Summaries

Under Kentucky law, which of the following would not be included in an offer to purchase? A. The purchase price, the amount of the contract deposit and who is to hold the deposit B. Date and time when the offer or counteroffer expires C. The agent who prepared the offer and the commission he/she will be paid D. The closing date and when possession will be given to the buyer - The agent who prepared the offer and the commission he/she will be paid If a person does not renew in the proper tim...

Kentucky State Real Estate Exam Practice Questions And Answers

Jenna's firm in Lexington issues a check to First In Line Title Company because it referred a buyer to Jenna and subsequently closed the transaction. The buyer approved the payments. This is an example of _____________. - An Illegal Kickback Monty is advertising a number of listings in the local Prospect newspaper and includes the fair housing logo in the ad. What else is required? - The Verbiage, "Equal Opportunity Housing" Kentucky licensees Venus and Morgan are both affiliated with br...

Jenna's firm in Lexington issues a check to First In Line Title Company because it referred a buyer to Jenna and subsequently closed the transaction. The buyer approved the payments. This is an example of _____________. - Answer An Illegal Kickback Monty is advertising a number of listings in the local Prospect newspaper and includes the fair housing logo in the ad. What else is required? - Answer The Verbiage, "Equal Opportunity Housing" Kentucky licensees Venus and Morgan are both aff...

Under Kentucky law, which of the following would not be included in an offer to purchase? A. The purchase price, the amount of the contract deposit and who is to hold the deposit B. Date and time when the offer or counteroffer expires C. The agent who prepared the offer and the commission he/she will be paid D. The closing date and when possession will be given to the buyer - Answer The agent who prepared the offer and the commission he/she will be paid If a person does not renew in the prop...

Jenna's firm in Lexington issues a check to First In Line Title Company because it referred a buyer to Jenna and subsequently closed the transaction. The buyer approved the payments. This is an example of _____________. - An Illegal Kickback Monty is advertising a number of listings in the local Prospect newspaper and includes the fair housing logo in the ad. What else is required? - The Verbiage, "Equal Opportunity Housing" Kentucky licensees Venus and Morgan are both affiliated with br...

Administrative Hearing - Answer The Hearing conducted by the kentucky real estate commission in its enforcement of the license law to determine if a licensee has violated the license law Commissioners - Answer These are the five people appointed by the governor to manage the kentucky Real Estate Commission and to carry out its duties as required by KRS 324 Kentucky Real Estate Commission(KREC and Commission) - Answer The administrative agency created by the Kentucky legislature to protect ...

The Kentucky Real Estate Commission determined that a buyer was damaged by the fraudulent action of a licensee in the amount of $50,000. If the responsible licensee does not pay the claim, the Commission may pay out from the Real Estate Education, Research, and Recovery Fund a MAXIMUM amount of: $20,000 An action for recovery from the Kentucky Real Estate Education, Research, and Recovery Fund MUST be commenced within how many years from actual knowledge of the cause of action or the tim...

Kentucky State real estate practice exam #3 100% solved

Kentucky State Real Estate Practice Exam (Ky Law) Complete Questions And Solutions