Kentucky License Law
In Kentucky, the Real Estate Education and Research Fund receives its funding primarily from:
AState general fund appropriations
BFees paid by licensees at the time of license renewal✓ Correct
CFederal housing grants
DReal estate transfer taxes
Explanation
The Kentucky Real Estate Education, Research and Recovery Fund is funded by fees paid by licensees, which provide both consumer protection (recovery fund) and support for education and research.
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