Kentucky Real Estate License Exam | 130 Questions with 100% Correct Answers | Verified | Latest Update 2024

which of the following statements is true about the Kentucky Statute of frauds and the sale of real estate? - all essential terms of the contract must be in writing which of the following statements is true regarding Kentucky real estate brokerages? - the principal broker may choose to use designated agency, dual agency, without designated agency or no dual agency at the brokerage if the licensee can't pay or refuses to pay an aggrieved party after being found guilty of fraud in Kentucky, who pays the aggrieved party? - KREC In Kentucky, a revoked license may only be reinstated after. yrs and with KREC'S approval - Five the kentucky real estate commission has the power to escrow accounts to verify proper handling of earnest money - Examine and audit what extension does KREC grant for failure to meet the post licensing requirements? - No extension in Kentucky real estate commission is empowered to do all things necessary under cht 324 of the kentucky revised statutes to. public's interest by regulating, testing, and licensing kentucky real estate professionals. - Protect