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Practice Of Real EstateCommission_powersMEDIUM

A Kentucky principal broker reviews the Commission needs to transact official business. Which answer follows Kentucky law?

Correct Answer

A) A majority of the Commission constitutes a quorum

KRS 324.281 provides that a majority of the Commission is a quorum. Source basis: KRS 324.281 and KRS 324.150, Kentucky Legislative Research Commission official statutes: Commission composition, terms, duties, investigations, subpoenas, and emergency hearings; checked 2026-04-30.

Answer Options
A
A majority of the Commission constitutes a quorum
B
A brokerage policy may waive the Kentucky Real Estate Commission requirement.
C
The issue is controlled only by national real estate principles and not Kentucky law.
D
The parties may avoid the rule by private agreement after the fact.

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Related Topics & Key Terms

Related Topics:

ky.Icommission_powers

Key Terms:

kentuckyky.Icommission_powersmajority-quorum
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