100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
KY real estate final exam practice with Verified Answers $9.99
Add to cart
Quickly navigate to
Preview
  2.  
  3. KY Real Estate
  4.  
  5. KY real estate

Exam (elaborations)

KY real estate final exam practice with Verified Answers
 0 purchase
  • Course
  • KY real estate
  • Institution
  • KY Real Estate

KY real estate final exam practice with Verified Answers 1. what happens with a Judicial foreclosure? the mortgaged property is sold under the supervi- sion of a court 2. broker Dean realizes he has relocation buyers. What is something he should focus on with these buyers? 3. real estate lic...

[Show more]

Preview 2 out of 12  pages

Document information

  • September 9, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • ky real estate final exam practice with ver

Written for

  • KY real estate
  • KY real estate

Seller

avatar-seller
MERCYTRISHIA

Reviews received

Content preview

KY real estate final exam practice with Verified Answers

1. what happens with a Judicial foreclosure? the mortgaged
property is sold
under the supervi-
sion of a court

2. broker Dean realizes he has relocation buyers. What finding a proper-
is something he should focus on with these buyers? ty with good resale
value

3. real estate licensees should know enough about alert clients of po-
building ordinances to be able to... tential problems in
a home

4. if an industrial property is described as "special-pur- unsuitable for
pose" it is... many uses and
processes.

5. during the final walk-through a buyer sees that the at the closing the
seller did not remove a downed tree. What is the best buyer could ask for
way of handling this? a credit from the
seller to remove
the downed tree.

6. what is the main purpose of the Kentucky Real Estate to put into effect
Commission? and make known
the administrative
regulations to ef-
fectively carry out
and enforce the
provisions of the
Kentucky statutes
governing real es-
tate.

7. who must a principal broker supervise in a real estate all licensees Affili-
office? ated to the princi-
pal broker and all
other unlicensed




, KY real estate final exam practice with Verified Answers
employees at that
office.

8. broker Hannah just received a $5,000 escrow money without unreason-
deposit how long does she have to deposit it under able delay
Kentucky law?

9. what type of insurance is mandatory for all active errors and omis-
licensees? sions insurance

10. sales associate Nika is showing a property with an by using the eKEY
electronic lockbox how should she access the prop- smartphone appli-
erty? cation

11. what penalties May a circuit court impose on a person a fine of between
found violating any provision of Kentucky License $100 and $1,000
Law? and a jail sen-
tence of up to six
months.

12. why is designated agency a good alternative to tradi- even though the
tional dual agency? same broker rep-
resent each party,
both the buyer and
the seller have a li-
censee who exclu-
sively acts as their
agent in the trans-
action.

13. which of the following actions is illegal in Kentucky? acting for more
than one party in
a transaction with
the knowledge of
all parties for him a
licensee acts

14. why should broker Taylor create a website for her to brand her firm
brokerage? with a visual mis-
sion statement.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller MERCYTRISHIA. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69252 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$9.99
  • (0)
Add to cart
Added