A Kentucky licensee encounters a licensee suggests guaranteed resale profit. What should the licensee remember?
Correct Answer
D) Guaranteeing or permitting a guarantee of future resale profits is sanctionable
KRS 324.160 sanctions guarantees that future profits will result from resale. Source basis: KRS 324.117, KRS 324.160, and 201 KAR 11:121, Kentucky Legislative Research Commission official statutes/regulations: advertising, supervision, brokerage records, document delivery, affiliation, compensation, agency, and improper conduct; checked 2026-04-30.
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