Ky law real estate - Study guides, Class notes & Summaries

KY Real Estate Law - PSI Practice Exam With 100% Correct Answers 2023

KY real estate final exam practice question and answers 2023 verified to passwhat happens with a Judicial foreclosure? - correct answer the mortgaged property is sold under the supervision of a court broker Dean realizes he has relocation buyers. What is something he should focus on with these buyers? - correct answer finding a property with good resale value real estate licensees should know enough about building ordinances to be able to... - correct answer alert clients of potential prob...

Ky Board of Auctioneer Test with 100% verified questions and answers Absolute Auction -ANS After the auctioneer calls for bids on an article or lot, that article or lot cannot be withdrawn unless no bid is made within a reasonable time Auction with reserve -ANS when auctioneer may withdraw the property at any time until he or she announces the completion of the sale. The potential bidders are the offerors Auction with reserve and the sellers reserving the right to bid -ANS The auction...

KY Law Real Estate Verified Guide A broker cannot charge ____________________________________________________ to any of their sales associates ️an affiliation fee A broker cannot designate themselves ️as the designated agent of a consumer A broker has a written offer which was rejected by the seller. The broker should: ️keep a copy of the rejected offer in his/her files for five (5) years. A broker must maintain a copy of all of the following EXCEPT: ️buyer's new deed. A c...

Offer to purchase contracts must include all of the following EXCEPT: the amount of commission to be paid to the broker. When a sales associate receives an earnest money deposit, he/she should: turn it over to his/her principal broker. Alice Gogetter has opened a business to help renters locate available property. Alice supplies her clients with a list of properties which are available for rent and she charges $40 for the list. Alice does not have a real estate license and she do...

KY Real Estate Law - PSI Practice Exam WITH COMPLETE VERIFIED SOLUTIONS.

KY Real Estate Practice - Law Portion 2024 Questions and Answers 2024 / 2025 (Verified Answers by Expert)

KY Real Estate Law - PSI Practice Exam 2024 Questions and Answers 2024 / 2025 (Verified Answers by Expert)

Ky Board of Auctioneer Test with 100% verified questions and answers Absolute Auction - CORRECT ANSWER After the auctioneer calls for bids on an article or lot, that article or lot cannot be withdrawn unless no bid is made within a reasonable time Auction with reserve - CORRECT ANSWER when auctioneer may withdraw the property at any time until he or she announces the completion of the sale. The potential bidders are the offerors Auction with reserve and the sellers reserving the right ...

KY Real Estate Law – PSI UPDATED Exam Questions and CORRECT Answers 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 time when circumstances would reasonably have put the aggrieved party on notice of the cause of action? - CORRECT ANSWER- 2 Years The Kentucky Real Estate Commission is responsible for what? - CORRECT ANSWERProtecting the public intere...