A Kentucky principal broker reviews a licensee wants to buy property listed with the licensee or affiliated broker. Which answer follows Kentucky law?
Correct Answer
C) The licensee must first indicate licensee status in writing on the offer to purchase
KRS 324.160 requires written licensee-status disclosure on the offer before buying listed property. 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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