Kentucky License Law
A Kentucky salesperson who earns commissions must receive those commissions through:
AThe buyer or seller directly
BTheir principal broker✓ Correct
CThe escrow agent
DKREC's distribution system
Explanation
Kentucky law requires that all commissions paid to a salesperson be paid through their principal broker. Salespersons cannot receive compensation directly from buyers, sellers, or any party to the transaction.
Related Kentucky Kentucky License Law Questions
- Conversion of trust funds in Kentucky refers to:
- How many hours of pre-license education are required to become a licensed real estate broker in Kentucky?
- What is the minimum passing score on the Kentucky real estate licensing exam?
- In Kentucky, what is the license renewal period for real estate licensees?
- Under Kentucky law, a real estate sales associate license must be held under:
- The Kentucky Real Estate Commission (KREC) has the authority to:
- Which of the following activities requires a real estate license in Kentucky?
- In Kentucky, a principal broker who leaves a firm must notify KREC within:
Practice More Kentucky Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Kentucky Quiz →