Kentucky License Law
A Kentucky real estate licensee can legally accept a gift from a buyer after a transaction closes if:
AThe gift is reported to KREC
BThe gift is voluntary, not tied to the transaction as compensation, and disclosed to the broker✓ Correct
CThe gift does not exceed $100 in value
DGifts from buyers are always prohibited
Explanation
A voluntary post-closing gift from a buyer (not tied to the transaction as compensation) may be acceptable if properly disclosed to the supervising broker. However, brokers should review their firm's policies.
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