Kentucky License Law
A Kentucky real estate license that is not renewed by the expiration date becomes:
APermanently revoked
BInactive and subject to reinstatement within 1 year with no fees
CLapsed, requiring reinstatement fees and potentially additional education✓ Correct
DAutomatically transferred to the principal broker's control
Explanation
A Kentucky real estate license that is not renewed by the expiration date lapses. Licensees must pay reinstatement fees and may need to complete additional education requirements to reinstate a lapsed license, depending on how long it has been lapsed.
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