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Kentucky Contract Requirements for Agency Agreements and Sales Contracts

$55
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Mandatory Hours: 4 Total Hours: 4
Description
State Requirements

Learn about the Kentucky statute of frauds requirements for real estate sales contracts, and the Kentucky contract requirements for agency agreements and sales contracts.

This course fulfills four of the six hours of mandatory instruction on contracts for the Kentucky salesperson post-licensing requirements. 

Agency agreements used in Kentucky

  • Provisions of the KREC exclusive right to sell agency contract
  • Kentucky Law regarding exclusive agency listings
  • Provisions of the KREC open listing agreement
  • Provisions of the KREC exclusive buyer agency contract
  • Provisions of the one-time showing agreement
  • Provisions of the KREC assignment of listing
  • Minimum duties owed
  • Provisions of the purchase offer
  • Exclusive authority for sale
  • Short sale listing addenda
  • Commercial offer to purchase
  • Vacant land contract

Package Content:

State Requirements For Kentucky

Kentucky State Requirement Details for Real Estate Sales Associate Post-Licensing Education

Hours Required by the State: 48 hours

  • 32 hours of mandatory course topics
    • 3-hour Commission Compliance course
    • 6 hours in Agency
    • 6 hours in Contracts
    • 3 hours in Finance
    • 3 hours in Advertising
    • 3 hours in Disclosure
    • 3 hours in Fair Housing
    • 3 hours in Technology & Data Security
    • 2 hours in Risk Management
  • 16 hours of elective course topics

Note: All sales associates licensed after January 1, 2016, are required to complete 48 hours of post-license education within the first 2 years of obtaining an active license.

The CE Shop's Offering: 48 hours

  • 32 hours of mandatory courses
    • 3-hour KREC Licensee Compliance (Commission Compliance course)
    • 6 hours in Agency
    • 6 hours in Contracts
    • 3 hours in Finance
    • 3 hours in Advertising
    • 3 hours in Disclosure
    • 3 hours in Fair Housing
    • 3 hours in Technology & Data Security
    • 2 hours in Risk Management
  • 16 hours of elective courses

The CE Shop LLC is licensed by the Kentucky Commission for Proprietary Education.

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exam: Final exams must be passed with a minimum of 75%.

Max Hours in a 24-Hour Period: Students will not receive credit for more than 9 hours of postlicense education in a 24-hour period. Our online course delivery system manages this requirement for you.

Still have questions? Visit our Frequently Asked Questions or Contact Us.

 

Kentucky Real Estate Commission

Street Address: Mayo-Underwood Building, 500 Mero Street , 2NE09, Frankfort, Kentucky 40601

Mailing Address: Mayo-Underwood Building, 500 Mero Street , 2NE09, Frankfort, Kentucky 40601

Telephone: (502) 564-7760

Kentucky Real Estate Commission

KREC Post-License