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Which of the following is a purpose of the Kentucky real estate Education Research and Recovery Fund?The real estate education, research and recovery fund has several purposes, including: Paying outstanding court orders against licensees who have caused financial harm upon citizens through improper, fraudulent or dishonest conduct. Investment. Advancing education and research in the field of real estate.
What is the main purpose of the Kentucky Real Estate Commission?The Commission is charged with the responsibility of protecting the public interest through regulation, examination and licensing of Kentucky real estate brokers and sales associates.
How can a licensee prevent a payment against him or her from the recovery fund once an order has been issued against him or her?How can a licensee prevent a payment against him or her from the recovery fund once an order has been issued against him or her? Pay the claim within 20 days.
Which of the following statements is true about agency at Kentucky real estate brokerages?Which of the following statements is true about agency at Kentucky real estate brokerages? Kentucky allows principal brokers to choose if their brokerage will use designated agency, dual agency without designated agency, or no dual agency.
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Whats one way the Kentucky real estate Education Research and Recovery fund protects the public?
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