A Kentucky sales associate asks about an exclusive listing contract is drafted. What is the best answer?
Correct Answer
D) A principal broker cannot be party to an exclusive listing with automatic continuation beyond the fixed termination date
201 KAR 11:121 bars automatic continuation beyond the fixed termination date in exclusive listings. 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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Related Topics & Key Terms
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