Kentucky real estate e - Study guides, Class notes & Summaries

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Kentucky Real Estate Exam Guide Questions and CORRECT Answers Equal Credit Opportunity Act - CORRECT ANSWER- Sex Marital Status Color National Origin Race Religion Age Truth in Lending Act - CORRECT ANSWER- purpose is to provide standard disclosure procedures that all lenders must follow

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KENTUCKY REAL ESTATE PRACTICE EXAM FINAL ONE |150 EXAM QUESTIONS AND ANSWERS WITH RATIONALE GRADED condominium Severalty ownership of air rights combined with an undivided interest in the common areas of real estate would MOST LIKELY describe a on probation A licensee could be active in the real estate business if his/her license is Agent Kenzie has terminated her relationship with her broker. The broker has returned her license to the BREP. Agent Kenzie has thirty days to place her license ...

Kentucky real Estate Practice Exam 2024 Questions and Answers 2024 / 2025 (Verified Answers by Expert)

Jerry and Simon signed a contract so that Jerry could purchase all of Simon's restaurant equipment for one price after Simon closes his restaurant next month. The contract contains a provision that states Jerry has one year from the purchase date to file a suit relative to the purchase. After the year is up, Jerry forfeits the right. What kind of contract clause is this? A. Specific time B. Statute of limitations C. Time is of the essence D. Time of performance - Statute Of Limitations ...

A person issued an initial salesperson's license must complete A) the 24-hour postlicense course by December 31 of the first renewal period. B) a 48-hour postlicense course within one year of receiving the initial license. C) a 24-hour postlicense course within the first two renewal cycles after the initial license. D) a 48-hour postlicense course within two years of receiving the initial license. - D) a 48-hour postlicense course within two years of receiving the initial license. A b...

There can be no more than _____ members of any political party serving on the Commission at one time. - four A rebate could be: - a TV -A gift certificate - a return of paid commissions -none of the above - a return of paid commissions The Commission has the ability to conduct a(n) ___________ when alleged escrow actions warrant emergency action. -trial -dispute -investigation -emergency hearing - emergency hearing The seller's disclosure form must be completed - at the time of the...