Ky state real estate exam - Study guides, Class notes & Summaries

Kentucky State Real Estate Practice Exam (Ky Law) Questions and Answers

KENTUCKY REAL ESTATE LICENSE EXAM PREP: ALL-IN-ONE REVIEW AND TESTING TO PASS KENTUCKY'S PSI REAL ESTATE EXAM BY STEPHEN METTLING, DAVID CUSIC, RYAN METTLING

KENTUCKY REAL ESTATE LICENSE EXAM PREP: ALL-IN-ONE REVIEW AND TESTING TO PASS KENTUCKY'S PSI REAL ESTATE EXAM BY STEPHEN METTLING, DAVID CUSIC, RYAN METTLING

The Kentucky Real Estate Commission determined that a buyer was damaged 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, Research, and Recovery Fund a MAXIMUM amount of: - Answer $20,000 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...

The Kentucky Real Estate Commission determined that a buyer was damaged 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, Research, and Recovery Fund a MAXIMUM amount of: - Answer- $20,000 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 th...

KY State Exam Practice Questions and Correct Answers Already Passed As a Kentucky listing agent, when are you required to deliver the completed Seller's Disclosure of Property Conditions form to a prospective buyer? A. At closing B. Upon the prospective buyer's request C. When the buyer's loan is approved D. Within 10 days of property conveyance - Answer- B. Upon the prospective buyer's request Which of the following statements is true regarding Kentucky's licensing requi...

KY Real Estate Exam Questions and Answers If it is a felony - Answer-A licensee has a duty to report a conviction to the Commission if: 5 years - Answer-Revocation means that the licensee cannot seek reinstatement for how long? He or she moves out of state - Answer-A licensed Commissioner can be removed if: 30 days - Answer-If a tenant leaves owing rent, how long must the landlord wait before removing the deposit and applying the money to the unpaid rent? Yes, with approval from th...

Ky Real Estate UPDATED Exam Questions and CORRECT Answers yes - CORRECT ANSWER- Can CE classes be taken out of state of Ky? February 10 - CORRECT ANSWER- If there is a true hardship license he must request in writing an extension for CE classes by what date Pay $500 and create a delinquency plan to be completed by June 15 or place it in escrow - CORRECT ANSWER- What must a licensee do if they failed to complete the CE requirements on time?

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...

KY State Exam Practice Verified Answers A licensee's principal broker or the broker's designated representative must attend the hearing for license law violations in Kentucky if the accused licensee ______. A. Has held a license for fewer than five years B. Is a new licensee C. Is a sales associate D. Is a trainee C. Is a sales associate Amanda helps her neighbor sell his home in Louisville by assisting him with the negotiations. She receives no compensation for her assistance....