Kentucky State real estate | Questions and Answers with complete

Under Kentucky law, which of the following would not be included in an offer to purchase? A. The purchase price, the amount of the contract deposit and who is to hold the deposit B. Date and time when the offer or counteroffer expires C. The agent who prepared the offer and the commission he/she will be paid D. The closing date and when possession will be given to the buyer - The agent who prepared the offer and the commission he/she will be paid If a person does not renew in the proper timeframe the person will be fined up to A. $100.00 B. $200.00 C. $500.00 D. $1,000.00 - $200.00 Under Kentucky law, which of the following would not be included in a listing contract? A. The commission and the expiration of the listing B. The listing price and the signatures of all owners C. The expiration of the offer and the buyers names D. Special directions of the owner - The expiration of the offer and buyers names. A seller has offered two round-trip tickets within the continental United States to anyone who buys his property. The agent A. cannot advertise the tickets because it is an inducement. B. cannot advertise the tickets until it is approved by the Board. C. can advertise the tickets with the permission of the KREC. D. can advertise the seller's inducement of the tickets. - can advertise the seller's inducement of the tickets Which of the following statements would trigger an agent having the buyer sign an Agency Disclosure Statement? A. "I would like to set an appointment to see the house at 229 Main Street." B. "How many bedrooms does the house at 119 Main Street have?" C. "You're one of three agents that I'm interviewing, why should I work you and your company?" D. "I'm ready to write on offer on the property." - I'm ready to write an offer on the property A seller has told his listing agent that if sells the property within the first two weeks of listing, the seller will give the agent a $2,000 bonus. Under which of the following circumstances could the agent be paid the bonus?A. If the agent owns the real estate company. B. If he receives the bonus from his broker. C. If the KREC gives the agent consent to receive the bonus. D. If the agent has a broker's license, not a sales associate license. - If he receives the bonus from his brok