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Practice Of Real EstateBrokerage_activitiesMEDIUM

A Kentucky sales associate asks about a sales associate receives valuable consideration for brokerage acts. What is the best answer?

Correct Answer

D) The licensee may accept compensation only from the principal broker under the compensation agreement

KRS 324.160 bars accepting valuable consideration for brokerage acts except from the principal broker under the compensation agreement. 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 conduct is allowed if the transaction later closes successfully.
B
The principal broker has no responsibility once a sales associate handles the file.
C
The rule applies only to commercial transactions.
D
The licensee may accept compensation only from the principal broker under the compensation agreement

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Related Topics & Key Terms

Related Topics:

ky.IIIbrokerage_activities

Key Terms:

kentuckyky.IIIbrokerage_activitiescomp-through-principal-broker
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