A Kentucky sales associate refuses to show a rental property to a prospective tenant because of the tenant's national origin. This conduct violates:
A. No law, since housing providers may choose tenants freely
B. Only a local zoning ordinance, not any state or federal law
C. The federal Fair Housing Act's prohibition on discrimination based on national origin
D. Kentucky's real estate license law, but no federal law
Source: 42 U.S.C. § 3601 et seq. (federal Fair Housing Act)
In Kentucky, a real estate sales contract for the purchase of real property must generally be:
A. Oral, since written contracts are unnecessary
B. Filed with KREC before it takes effect
C. Notarized by a judge before it is binding
D. In writing to be enforceable, consistent with the statute of frauds
Source: KRS 324.010
Kentucky license law authorizes KREC to take disciplinary action against a licensee, up to and including license revocation, for conduct such as:
A. Fraud or misrepresentation in a real estate transaction
B. Taking a scheduled continuing education course early
C. Referring a client to a mortgage lender
D. Advertising an open house on a weekend
Source: KRS 324.281
The Kentucky Seller's Disclosure of Property Condition form, KREC Form 402, is designed to elicit information from the seller about the condition of which of the following?
A. The seller's personal financial history
B. Major systems and components such as roof, foundation, plumbing, electrical, and HVAC
C. The buyer's creditworthiness
D. The listing agent's commission structure
Source: KREC Form 402, Seller's Disclosure of Property Condition
Before an individual can legally perform acts of real estate brokerage as a sales associate in Kentucky, in addition to passing the exam, they must:
A. Register as a limited liability company
B. Open their own independent brokerage
C. Be licensed and affiliated with a Kentucky-licensed principal broker
D. Complete a separate appraiser license
Source: KRS 324.046
