Krec form 203 2025

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40 votes

The document is an acceptance form from the Kentucky Real Estate Commission (KREC) for licensees wishing to activate their real estate licenses. It outlines the requirements, including a $10 fee, proof of Errors and Omissions (E&O) insurance, and the need for notification to the current principal broker. The form includes sections for both the licensee and the accepting principal broker to complete, ensuring proper release and transfer of the license.

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Click ‘Get Form’ to open the krec form 203 in the editor.
Begin by filling out the Licensee Section. Enter your License Number and Name as it appears on your license. Ensure you check the box indicating that you have notified your current principal broker.
Sign and date the form in the designated fields, and provide your phone number for contact purposes.
Move to the Principal Broker Section. The accepting principal broker should print their name, firm name, address, and telephone number accurately.
The principal broker must sign and date the form to confirm acceptance of the license transfer.
In the Release Section, ensure that the current principal broker prints their name and confirms they are releasing the licensee's license. They must also sign and date this section.

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Versions	Form popularity	Fillable & printable
2019	4.8 Satisfied (21 Votes)
2018	4.7 Satisfied (40 Votes)

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What form must licensees use to notify KREC about changes to their situation?

(Licensees must use the change of Residential/Email Address form to notify KREC of changes to their situation and pay a $10 fee.) Monty is advertising a number of listings in the local Prospect newspaper and includes the fair housing logo in the ad. What else is required? THE VERBIAGE, EQUAL OPPORTUNITY HOUSING.

What is a sellers disclosure of property condition in Kentucky?

Seller Disclosure Laws 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.

What disqualifies you from being a real estate agent in Kentucky?

The Commission is required to investigate the application of an individual who has had a felony conviction within the previous ten (10) years or a misdemeanor conviction within the previous five (5) year, and may investigate any other charges or convictions, or any other evidence of dishonesty, untruthfulness, or bad

How often is continuing education required for Kentucky real estate salespersons?

Kentucky does require a state specific continuing education course - the Kentucky Core Course - to be completed by all active licensees subject to continuing education once every four years.

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