A Kentucky sales associate asks about the broker will be paid for management. What is the best answer?
Correct Answer
D) The agreement must state the amount of compensation or the method for computing it
201 KAR 11:121 Section 10 requires compensation terms. 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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