Which agency regulates real estate licensees in Kentucky?
Correct Answer
B) Kentucky Real Estate Commission (KREC)
KREC, housed within the Department of Professional Licensing, regulates all real estate licensees in Kentucky.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
An agency relationship created when a principal approves or accepts an agent's previously unauthorized actions, effectively granting authority after the fact.
The legal requirement for real estate agents to inform all parties about who they represent in a transaction, typically provided at first substantive contact.
A legal relationship in which one person (the agent) is authorized to act on behalf of another person (the principal) in business transactions with third parties.
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