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Kentucky Real Estate Exam – 2021🏠 (60 Questions with Explained Answers)

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Kentucky Real Estate Exam – 2021🏠 (60 Questions with Explained Answers)

In order to conduct real estate activities in Kentucky, you must have a Kentucky Real Estate Broker license.

The Kentucky Real Estate Sales Agent Exam is split into two sections. The first section is the real estate broker national exam and the second section is the real estate broker state-specific exam. The national portion of the Kentucky Real Estate salesperson exam is comprised of 80 questions. In order to pass the exam, an examinee must answer 60 out of the 80 questions correctly to pass (75% correct).

The state-specific part of the Kentucky Real Estate Sales Agent Exam is comprised of 40 questions and an examinee must answer 30 questions correctly to pass (75% correct).

The time limit allowed to complete the entire Kentucky Real Estate Salesperson Exam is 4 hours.

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The exams are taken by computer and you will receive your results immediately after finishing the exam. The exam is closed book. Remember to arrive at the exam site at least 30 minutes early, bring two forms of ID, as well as a simple functioning calculator.

The registration fee to take the Kentucky Real Estate Salesperson Exam is $75.

This Kentucky Real Estate Exam 2021 will cover many of the following topics such as:
The real estate business
License Law and Qualifications for Licensure
Real Estate License Law and Commission Rules
Authorized Relationships, Duties, and Disclosures
Real Estate Brokerage Activities and Procedures
Violations of License Law, Penalties, and Procedures
Federal and State Laws Pertaining to Real Estate
Property Rights: Estates, Tenancies; Condominiums, Cooperatives, Community Development Districts, Homeowner Associations, and Time-Sharing
Titles, Deeds, and Ownership Restrictions
Legal Descriptions
Real Estate Contracts
Residential Mortgages
Real Estate Related Computations and Closing of Transactions
Real Estate Markets and Analysis
Real Estate Appraisal
Real Estate Investments and Business Opportunity Brokerage
Taxes Affecting Real Estate
Planning and Zoning
Brokers exam contents:
Real Estate Brokerage Business
Valuing Real Property
Listing and Selling Real Property
Contracts
Financing
Closing Transactions
Federal Income Tax Laws
Investment
Zoning and Planning
Environmental Issues
Property Management
The Real Estate Market

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