Kentucky License Law
A Kentucky real estate team (group of licensees working together) must:
AForm a separate brokerage entity
BOperate under the supervision of a principal broker✓ Correct
CRegister the team name with KREC as a separate brokerage
DMaintain individual trust accounts
Explanation
A real estate team in Kentucky may operate under a team name but must function under and be supervised by a principal broker, with all licensing requirements remaining in effect.
Related Kentucky Kentucky License Law Questions
- In Kentucky, a broker license requires how many years of active sales associate experience?
- KREC consists of how many members?
- Which of the following would be considered an unlicensed practice in Kentucky?
- Which of the following continuing education topics is required in Kentucky's mandatory CE curriculum?
- The Kentucky real estate sales associate licensing exam consists of how many questions?
- A Kentucky real estate licensee must notify KREC within how many days of a change of address?
- Which of the following activities requires a real estate license in Kentucky?
- In Kentucky, which of the following persons is generally exempt from needing a real estate license?
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