A Kentucky principal broker reviews a principal broker manages property. Which answer follows Kentucky law?
Correct Answer
C) The principal broker maintains owner ledgers, unit ledgers, and a unit ledger by tenant upon written client request
201 KAR 11:121 Section 10 requires owner and unit ledgers and tenant ledgers upon written request. Source basis: 201 KAR 11:121 Section 10 and KRS 324.111, Kentucky Legislative Research Commission official sources: property management agreements, ledgers, deposit timing, escrow/management accounts, and property-management account records; checked 2026-04-30.
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