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Real Estate/ Post-Licensing/ Kentucky/ Kentucky Contract Requirements for Leases, Land Contracts, and Options
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Kentucky Contract Requirements for Leases, Land Contracts, and Options

$35
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Mandatory Hours: 2 Total Hours: 2
Description
State Requirements

Real estate isn't always a typical sales transaction with buyer, lender, seller. Often, a transaction will involve a lease or option to purchase, or the seller may be the one extending the financing. To expand your knowledge in this area, you'll want to learn which lease agreements are used in Kentucky, the primary provisions of residential and commercial lease agreements, and the Kentucky contract requirements for land contracts and options. 

Course highlights:

  • Types of residential leases used in Kentucky
  • Provisions of the KREC residential lease
  • Kentucky landlord requirements that affect leases
  • Land contracts and default issues
  • Required elements in an option contract
  • Enforcing and terminating an option contract
  • Activities and scenarios to reinforce key concepts

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