Ky real estate 2 - Study guides, Class notes & Summaries

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 Kentucky, ...

what happens with a Judicial foreclosure? - 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? - finding a property with good resale value real estate licensees should know enough about building ordinances to be able to... - alert clients of potential problems in a home if an industrial property is described as "special-purpose" it is... - unsuitable for many uses and proc...

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...

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 Kentucky, ...

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 Kentucky, ...

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 Kentucky, ...

On a settlement statement the buyer can expect to see entries for - property and transfer taxes Which of the following terms is NOT associated with a legal life estate? Dower, Curtesy, Community property, Homestead - Community property Which of the following is an example of a conventional uninsured loan? Loan where the borrower must pay MIP, VA loan negotiated by a veteran, Loan with a loan-to-value ratio of 80%, Loan where the borrower must pay PMI - Loan with a loan-to-value ration of 80...

On a settlement statement the buyer can expect to see entries for - property and transfer taxes Which of the following terms is NOT associated with a legal life estate? Dower, Curtesy, Community property, Homestead - Community property Which of the following is an example of a conventional uninsured loan? Loan where the borrower must pay MIP, VA loan negotiated by a veteran, Loan with a loan-to-value ratio of 80%, Loan where the borrower must pay PMI - Loan with a loan-to-value ration of 80...

KENTUCKY PSI PRACTICE EXAM Question and answers 100% correct 2024 KENTUCKY PSI PRACTICE EXAM (STATE PORTION) THE KY REAL ESTATE COMMISSION DETERMINED THAT A BUYER WAS DAMANGED 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, REASEARCH AND RECOVERY FUND A MAX AMOUNT OF HOW MUCH??? - correct answer $20,000 AN ACTION FOR RECOVERY FROM THE KY REAL ESTATE EDUCATION, R...

©THESTAR EXAM SOLUTIONS 2024/2025 ALL RIGHTS RESERVED. 1 | P a g e Colibri Real Estate Final Exam (KY) 1 Questions With Verified And Updated Answers. Broker Joy just signed a listing agreement with a seller. When should Joy schedule an office tour? - answerWithin a week after the listing is taken What is NOT required between two parties as it relates to the violation of "mutual assent"? - answerWritten contacts Title insurance protects more against _______. - answerPast events ...