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All active licensed agents are required to take every two years of licensure

12 classroom hours of continuing education.

Active licensees shall attend the Kentucky Core Course

4 year.

A newly licensed agent must take which of the following continuing education in the first two years?

48 hours of postlicense education

6. According to Kentucky license law, which of the following is TRUE regarding an affiliation fee?

A broker cannot charge an affiliation fee.

6.Which of the following is TRUE?

A sales associate may have her name as part of the firm name if she has been with the firm for two years.

A criminal background check is NOT required for which of the following applicants?

An applicant reinstating a license within three months of suspension

3. Which of the following statement about advertising is FALSE?

An owner may run an ad on property listed with a licensee without the brokerage company or the principal broker's name and license status.

3. Which of the following actions or penalties cannot be taken against an individual who fails to complete the continuing education requirements in a timely manner?

Automatic suspension of the associate's license.

5. Which of the following actions or penalties cannot be taken against an individual who fails to complete the continuing education requirements in a timely manner?

Automatic suspension of the associate's license.

Annual continuing education requirements must be completed by

December 31.

9. Which of the following situations will NOT result in cancellation of a license?

Failure to notify the commission of a change in email address.

2.A request for extension of the time requirements for continuing education must be made by

February 15 of the following year.

10. The law for postlicense education went into effect on

January 1, 2016.

2. The law for postlicense education went into effect on

January 1, 2016.

6. A homeowner calls an agent and tells her that he would like her to list his property. After discussing the price and conditions with the seller over the phone, the agent may immediately do which of the following?

Obtain a written listing with the seller.

A homeowner calls an agent and tells her that he would like her to list his property. After discussing the price and conditions with the seller over the phone, the agent may immediately do which of the following?

Obtain a written listing with the seller.

8.Which of the following is TRUE of a licensee who terminates his affiliation with a real estate principal broker?

The licensee must return all listing information obtained during his affiliation to the principal broker.

3. At what point in time is a licensee allowed to advertise his or her participation in a sale?

When a binding contract has been created

5.All of the following are part of advertising law in Kentucky regarding signage EXCEPT

a buyer's agent is now allowed to place a sign on the property.

6. All of the following are part of advertising law in Kentucky regarding signage EXCEPT

a buyer's agent is now allowed to place a sign on the property.

1. All of the following are TRUE EXCEPT

a sales associate or broker who fails to renew on time must retake the licensing exam after six months.

A Kentucky real estate company's internet homepage shall include all of the following EXCEPT

a statement indicating that the broker is licensed in Kentucky.

5. If the licensee has agreed to a delinquency plan but fails to complete the requirements, all of the following shall occur EXCEPT

any suspension order by the commission for noncompliance with continuing education delinquency plan shall be for one year effective July 31.

1. Broker Ted Goodman moved his office and forgot to inform the commission of the change. Goodman may find that his license has been

canceled.

8. An inactive licensee is subject to all of the following requirements EXCEPT

completion of the yearly continuing education requirements.

A request for extension of the time requirements for continuing education must be made by

feb 15

8. If the contract between the principal broker and a sales associate does not address what happens to the associate's listing information upon release from the brokerage firm, the associate

must leave the listing information with the principal broker.

A licensee may advertise listings of another real estate brokerage company as long as all of the following provisions are met with the exception of

name of listing agent is included in the advertisement.

In order to reactivate a license from inactive status, the licensee must do all of the following EXCEPT

request a hearing with the commission.

All advertising must be approved by the principal broker who shall require the license to do all of the following EXCEPT

review all advertising with the owner-client before publication.

9. An inactive licensee is still required to take

the biannual 12 hours of continuing education.

1. Approval for continuing education courses completed in another state may be approved as long as all of the following requirements are met EXCEPT

the course is taken and completed during the four-year period for which continuing education is sought.

A real estate licensee's internet homepage must include all of the following EXCEPT

the licensee's home address and phone number.

9. All of the following are TRUE regarding the termination of a sales associate EXCEPT

the principal broker has 10 days by statute, to hand over a sales associate's license upon termination.

8. All of the following are true with regard to the commission-approved core course EXCEPT

credit for the course can be carried forward into the next year.

All of the following are true with regard to the commission-approved core course EXCEPT

credit for the course can be carried forward into the next year.


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