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The document is an Exclusive Right to Sell Listing Agreement for vacant land in Kentucky, outlining the terms between the Seller and the Agent. It details the property description, listing price, earnest money handling, term of agreement, compensation structure for the Agent, cooperation with other agents, duties of both parties, utility availability, termination conditions, and stipulations for modifications. The contract emphasizes that it is legally binding and should be understood fully by both parties.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Do you have to pay taxes when you sell your house in KY?

Capital gains tax in Kentucky Capital gains are profits made from selling an asset. If you sell your property at a gain, you may owe taxes on the profits to the IRS and the state. Fortunately, there are ways to avoid paying taxes on your home sale profits.

What do you legally have to leave when selling a house?

Yes, you can leave items behind when selling your house, but this must be agreed upon with the buyer. Typically, the sales contract specifies what items stay, such as fixtures, appliances, or furniture. Anything not explicitly included is expected to be removed.

What do you have to disclose when selling a house in Kentucky?

A seller of a single family home must supply buyers with a completed property condition disclosure form. The law in Kentucky states that sellers must reveal any known material defects of a property that may affect its value or desirability.

How much does it cost to get your real estate license in Kentucky?

1. How much does it cost to get your real estate license in Kentucky? Course Tuition$350-$650 KY State Police Fingerprinting $51.25 Errors Omissions Insurance (varies) $100-$300 Application Fee $130 Total $650-$9501 more row

What has to be disclosed when selling a house in Kentucky?

Full disclosure during the sale of the home is required by law. Failure to disclose any known issues or problems with the house or property can result in legal action from the buyer. This includes previous damage from a fire or natural disaster or broken heat and central air systems.

kentucky real estate forms

Krec forms pdf Krec forms online Krec forms 2022 KREC Login Free krec forms KREC license renewal KREC form 203 KREC license lookup

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Is it hard starting out as a real estate agent?

Real estate can be tough to break into. Takes time to build a network and client base. Many new agents struggle financially for the first few years. Flexible hours are nice, but youre often working evenings/weekends. Consider starting part-time while keeping your day job until you gain traction.

How do I renew my Kentucky real estate Commission license?

Licensees may renew online on their KREC eServices account OR may complete KREC form 208 (License Renewal Form) and submit it with the appropriate payment as indicated on the form.

Do realtors have to disclose death in a house in Kentucky?

They have no law or statue at all to address the issue, however the Kansas Association of Realtors recommends disclosure in the state. Do you have to report a death in your home while selling real estate in Kentucky? Kentucky does not require disclosure of death on a property.

Krec forms 2025

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Got questions?

Do you have to pay taxes when you sell your house in KY?

What do you legally have to leave when selling a house?

What do you have to disclose when selling a house in Kentucky?

How much does it cost to get your real estate license in Kentucky?

What has to be disclosed when selling a house in Kentucky?

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Is it hard starting out as a real estate agent?

How do I renew my Kentucky real estate Commission license?

Do realtors have to disclose death in a house in Kentucky?

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