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KENTUCKY REAL ESTATE COMMISSION. Requirements: Post-license education requires all new sales associate licensees to complete forty-eight (48) hours of post-license education courses within two (2) years of obtaining and activating a real estate license.
Failure to renew before March 31 of each even-numbered year shall result in the cancellation of the license and additional fees, including a late renewal fee of $200.
The formation of public policy is public business, and free and open examination of public records is in the public interest. These statements lead to the Open Meetings Act and Open Records Act, collectively known as our state's Sunshine Laws.
Under KRS 61.878(1), the following records may be exempt: (a) records containing information of a personal nature if disclosure would constitute a clearly unwarranted invasion of personal privacy. (b) records confidentially disclosed to an agency and compiled and maintained for scientific research.
???The Open Records Act In 1976, the General Assembly enacted the Open Records Act, KRS 61.870 to KRS 61.884, which establishes a right of access to public records. The General Assembly recognized that free and open examination of public records is in the public interest.
-The sales associate transfers from one principal broker to another. -The licensee changes his or her surname. -The licensee changes residence address, email address, or phone number The licensee must notify KREC within 10 days of the change using the Change of Residential/Email Address form.
KENTUCKY REAL ESTATE COMMISSION. All actively licensed agents shall be required to attend six (6) hours of continuing education courses sponsored or approved by the Commission. Of the six (6) hours, three (3) hours shall be in courses on real estate law.
Kentucky requires that all real estate contracts include a seller's disclosure and a lead-based paint disclosure. such as whether it is free from defects or liens. Addition terms. Terms and conditions agreed upon by both parties like the inclusion of fixtures, appliances, or furniture.