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

Kentucky Real Estate Exam 2024 | Kentucky Real Estate Exam Update 2024 Questions and Correct Answers Rated A+

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...

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 ...

which of the following statements is true about the Kentucky Statute of frauds and the sale of real estate? all essential terms of the contract must be in writing which of the following statements is true regarding Kentucky real estate brokerages? the principal broker may choose to use designated agency, dual agency, without designated agency or no dual agency at the brokerage if the licensee can't pay or refuses to pay an aggrieved party after being found guilty of fraud in Ken...

Kentucky Real Estate Practice Exam With 100% Correct Answers 2023

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...

National Kentucky Real Estate Practice Exam #1 With 100% Correct Answers 2023

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...