Property Management
A property manager in Kentucky who manages a commercial building may negotiate leases, which requires:
AA commercial property certification only
BAn active Kentucky real estate broker or sales associate license✓ Correct
COnly a business license from the city
DNo license if the manager is employed full-time by the owner
Explanation
Negotiating leases for compensation on behalf of another requires an active Kentucky real estate license under KRS Chapter 324, regardless of whether the property is residential or commercial.
Related Kentucky Property Management Questions
- A Kentucky tenant who sublets to a subtenant without permission remains:
- A Kentucky commercial landlord's obligation under the 'covenant of quiet enjoyment' means:
- A percentage lease is commonly used in:
- Under the Kentucky URLTA, what is the maximum security deposit a landlord may collect?
- A Kentucky landlord who increases rent must give the tenant how much advance notice for a month-to-month tenancy?
- Under the Kentucky Landlord Tenant Act, a landlord must provide a habitable rental unit. Which condition would most clearly constitute a breach of the habitability obligation?
- A Kentucky property manager who discovers the building has a serious structural defect should:
- A Kentucky tenant who fails to pay rent on time repeatedly can be evicted through a process called:
Practice More Kentucky Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Kentucky Quiz →