Kentucky License Law
A Kentucky associate broker (licensed as a broker but working under a principal broker) may:
AOpen their own brokerage without KREC approval
BPerform all acts of a broker but under the supervision of the principal broker✓ Correct
COnly perform acts of a sales associate
DSupervise other brokers within the firm
Explanation
An associate broker holds a broker license but affiliates with a principal broker's firm. They may perform all acts authorized by their broker license but operate under the principal broker's supervision.
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Key Terms to Know
State-Specific Concepts
Broker Supervision
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