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A Kentucky principal broker reviews probation is imposed under KRS 324.160. Which answer follows Kentucky law?

Correct Answer

C) Probation may be imposed for up to twelve months

KRS 324.160 authorizes probation for up to twelve months. 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.

Answer Options
A
The principal broker has no responsibility once a sales associate handles the file.
B
The rule applies only to commercial transactions.
C
Probation may be imposed for up to twelve months
D
The conduct is allowed if the transaction later closes successfully.

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Related Topics & Key Terms

Related Topics:

ky.IIIbrokerage_activities

Key Terms:

kentuckyky.IIIbrokerage_activitiesprobation-limit
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