KY REAL ESTATE EXAM QUESTIONS AND 100% CORRECT ANSWERS|LATEST 2025/2026|GUARANTEED A+

KY REAL ESTATE EXAM QUESTIONS AND
100% CORRECT ANSWERS|LATEST


Accretion - B



ANSWER
B Increase of land by deposit of sand or soil washed up naturally from a river, la
B B B B B B B B B B B B B B B



ke or sea
B B




ADA Tenant - B B



BANSWER Tenant with disability. Must accommodate for tenants/residents with disabilit
B B B B B B B B



ies. Priority is to get party to the door. Can make changes, must be giving parking if available, d
B B B B B B B B B B B B B B B B B B



o not have to ask to make changes
B B B B B B B




Broker's License - B B



ANSWER
B License to act as intermediary on behalf of others for a commission. Bringing t
B B B B B B B B B B B B B



ogether of parties interested in making a real estate transaction.
B B B B B B B B B




Bilateral Contract - ANSWER
B B B All parties are legally bound to to act as prescribed
B B B B B B B B B




Unilateral Contract - ANSWERB B B One party is bound to contract or act
B B B B B B B




Brownfields - B



BANSWER Defunct, derelict, or abandoned commercial or industrial sites, many have tox
B B B B B B B B B B



ic wastes
B




Condemnation - ANSWER B B Proceeding to exercise the power of eminent domain
B B B B B B B




Commingling - B



B ANSWER Illegal act of placing client or customer funds with personal funds.
B B B B B B B B B B




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, Commission Earned - B B



ANSWER
B payment to a broker service for sale or purchase of a property; usually a perce
B B B B B B B B B B B B B B



ntage



Cooperative - ANSWER Residential multi-
B B B



unit building whose title is held by a trust or corporation that is owned and operated for the p
B B B B B B B B B B B B B B B B B B



eople living within the building who are the beneficial owners of the trust or shareholders of t
B B B B B B B B B B B B B B B B



he corporation.
B




Commission Split - B B



ANSWER
B Commission earned from selling a property is split between licensee and prin
B B B B B B B B B B B



cipal broker B




Civil Rights Act of 1866 -
B B B B B



B ANSWER An act that prohibits racial discrimination in the sale and rental of housing
B B B B B B B B B B B B




Customer - B



ANSWER
B The third party nonrepresented consumer for who some level of service is pro
B B B B B B B B B B B B



vided



Client - ANSWER B B The principal B




Dual Agency - B B



ANSWER
B Representing both parties for a transaction. Unethical unless both parties agr
B B B B B B B B B B



ee to it B B




Dower and Curtsy - B B B



B ANSWER Dower: Wife acquires property her husband held or acquired during marriage
B B B B B B B B B B



B if he dies.
B B B




Curtsy: A life estate given to surviving husband in real estate owned by his deceased wife
B B B B B B B B B B B B B B B




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