Kentucky License Law
A Kentucky licensee who assists a buyer in a transaction where the licensee is also the seller must:
AResign from the transaction
BDisclose their ownership interest to the buyer in writing✓ Correct
CObtain KREC pre-approval
DCharge no commission on the transaction
Explanation
Kentucky requires a licensee who has an ownership interest in a property being sold to disclose that interest to the buyer in writing before the transaction proceeds.
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