Which Kentucky rule applies when a licensee acts for more than one party in a transaction?
Correct Answer
D) The licensee needs the knowledge of all parties for whom the licensee acts
KRS 324.160 sanctions acting for more than one party without the knowledge of all represented parties. 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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