Kentucky License Law
A Kentucky real estate broker who is selling their own property must disclose their licensed status to the buyer:
AOnly if the buyer is unrepresented
BIn all advertising and in the purchase contract✓ Correct
COnly at closing
DThere is no requirement to disclose licensee status when selling personal property
Explanation
Kentucky requires licensees who are buying or selling their own property to disclose their licensed status to the other party. This disclosure must appear in advertising for the property and in the purchase contract.
Related Kentucky Kentucky License Law Questions
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- A KREC complaint investigation may result in which of the following actions?
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