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Which of the following is Not required for a broker from a state with a reciprocity agreement with New York? The broker must maintain an office in his or her home state.
In Kentucky, it is required that an offer and/or counteroffer by prepared at the direction of a licensed agent. Offers and counteroffers must include: The purchase price and the amount of deposit, as well as who will be entrusted with the deposit.
resident broker is not required to maintain an active place of business in the state if they maintain a business place in the state of the original licensure, or if the state of original licensure does not require Kentucky licenses holding licenses in that state to maintain an office in that state.
Which of the following is NOT a requirement of a broker's comprehensive plan? The answer is establish an office religion.
Supervised Experience Documentation Form (completed by your LCSW supervisors and documenting 200 hours of supervision and two years of supervised clinical practice experience).
What does a broker have to do in Kentucky to maintain their right to place a lien on a residential property? Obtain the buyer's agreement in writing to compensate the broker for broker services rendered.
What are the requirements for a Valid and Enforceable Real Estate Contract in Kentucky? Party information. ... Property description. ... Purchase price. ... Contingencies. ... Disclosures. ... Addition terms. ... Closing date. ... Signatures.
The Broker is NOT responsible for: Property sellers. Outlining a broker's responsibilities as well as what is expected of salespersons can be accomplished by: creating a well-drafted office policy and procedures manual.