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Webcam Real Estate Prelicense Classes
have been approved by
Kentucky Real Estate Commission.
Visit here for complete info.
Kentucky Real Estate Sales Associate License Info
18 Years of Age
High School Diploma or Equivalent
Trustworthy and Competent
to Protect the Interest of the Public
Criminal Background Check
Broker Willing to Sponsor You
Successful Completion of six academic hours or 96 clock hours
in an accredited or approved real estate school
Pass the Kentucky Real Estate Exam
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Kentucky Real Estate Brokers License Info
18
Years of Age
High School Diploma or Equivalent
Trustworthy and Competent
to Protect the Interest of the Public
Criminal Background Check
Broker Willing to Sponsor You
Successfully
completed not less than
21 academic credit hours or the
equivalent from an accredited institution or approved real estate
school.
Twelve (12) hours shall be in real estate courses, three (3) hours of
which shall be
a course in broker management skills.
Have
been engaged in the real estate business as a sales associate
averaging at least
twenty (20)
hours per week for a period of
twenty-four (24) months prior to application. |
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FAQs About Kentucky’s License Recognization
by
Joyce Bea Sterling, DREI
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Q. What are the educational requirements for securing a
Kentucky Real Estate license if I already have
a real estate license?
A. At this time, the only educational requirement is to
pass a 40 question multiple choice law exam.
After passing the exam, Kentucky will recognize the license you currently hold.
That is, if you have a Broker’s license, you will receive a Kentucky broker’s
license;
if you have a sales associate license, you will receive a Kentucky sales
associate’s license.
You must apply for the same license that is active in the state where you
reside.
Q. Are there any other requirements?
A. You must be actively licensed, pass a criminal
background check and provide a certification of status that your license is in
good standing in the state where you currently reside.
If you have ever had a license in another state you must also provide a
certification of status with the other state(s).
Q. I am a principal broker, are there any additional
requirements for me?
A. If your brokerage firm is a corporation, partnership,
limited liability company or business trust, you need to include your
“Certificate of Existence” from the Kentucky Secretary of State’s Office. (www.sos.ky.gov)
If you are a sole proprietorship and you use a name other
than your legal name, you MUST include a copy of your registration from the
County Clerk’s Office where you are a resident.
County Clerk information can be found at
http://elect.ky.gov/countyclerks.htm.
If your firm is a sole proprietorship and you are using
your proper name, you do not need to register with the Secretary of State or the
County Clerk’s office.
However, it is recommended that you consult with an attorney about the
appropriate legal entity for your brokerage.
Kentucky law requires your brokerage to maintain an escrow
account at a Kentucky bank. You will need to have the bank and the account
number verified on your application.
Q. Where do I get my application?
A. You will receive your application from the PSI testing
service once you have passed the exam.
You may register for the exam at
www.PSIExams.com. Be sure to tell them that you want to schedule the License
Recognition Examination
and inform them if you will be taking the sales associate or the broker ‘s
exam.
If you are unclear as to which exam you need to take, please contact the
Kentucky Real Estate Commission to verify before scheduling your exam. (www.krec.ky.gov)
Q. Is there anything I need to know to register?
A. Yes, your school code is 9999 and you must take a copy
of your license or Certification of Licensure to the testing service. If you do
not have your license or Certification of Licensure with you, the exam fee will
be forfeited.
Q. Do you have exam prep materials to help me study?
A. Yes. Please visit
www.KYRealEstateExam.com for access to online prep materials to help you
pass!
The site also contains the links to the Criminal Background Check and other
information you will need.
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