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Message from KAR regarding these forms - Kentucky Association of

Message from KAR regarding these forms - Kentucky Association of 2025

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The document outlines new Federal Trade Commission (FTC) rules requiring real estate professionals to make specific disclosures when representing clients in short sale transactions. It emphasizes the importance of using KAR's Model Disclosure Forms to comply with these requirements and provides details on the types of disclosures needed, including general commercial communications, consumer-specific communications, and disclosures related to lender offers. The document also mentions a webinar hosted by KAR for further guidance and indicates ongoing collaboration with NAR and legal counsel regarding potential changes to the rules.

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What does kar stand for in Kentucky law?

The administrative regulations provided at this World Wide Web site are an unofficial posting of the Kentucky Administrative Regulations as maintained in the official internal administrative regulations database of the Kentucky Legislative Research Commission.

What is the Administrative Procedure Act in simple terms?

(1946) The Administrative Procedure Act (APA) governs the process by which federal agencies develop and issue regulations. It includes requirements for publishing notices of proposed and final rulemaking in the Federal Register, and provides opportunities for the public to comment on notices of proposed rulemaking.

What is the burden of proof for the Administrative Procedure Act?

(d) Except as otherwise provided by statute, the proponent of a rule or order has the burden of proof. Any oral or documentary evidence may be received, but the agency as a matter of policy shall provide for the exclusion of irrelevant, immaterial, or unduly repetitious evidence.

What is the Kentucky Administrative Procedure Act?

The Kentucky Administrative Procedure Act is the law governing procedures for state administrative agencies to propose and issue regulations and provides for judicial review of agency adjudications and other final decisions in Kentucky.

What are the 3 basic requirements of the Administrative Procedure Act as far as rule making is concerned?

The APA requires that the notice of proposed rulemaking include (1) the time, place, and nature of public rulemaking proceedings; (2) reference to the legal authority under which the rule is proposed; and (3) either the terms or substance of the proposed rule or a description of the subjects and issues involved.11

What does KRS stand for in Kentucky?

Kentucky Educational Televisions mission is education. As a leader in lifelong learning, KET is in every Kentucky community providing in-school and at-home educational programs for children and adults, as well as professional development seminars for educators and training programs for childcare providers.

What does kar stand for in Kentucky?

Kentucky Administrative Regulations (KAR) are regulations created by different state agencies to explain exactly how those laws will be followed.

What is standing under the Administrative Procedure Act?

ADMINISTRATIVE LAW - ADMINISTRATIVE PROCEDURE ACT - STANDING To CHALLENGE AGENCY ACTION REQUIRES A SHOWING THAT THE PLAINTIFF HAS SUFFERED INJURY IN FACT TO A PROTECTED INTEREST FROM THE FACE OF THE PARTICULAR STATUTORY PROVISION ALLEGEDLY VIOLATED, OR WHEN PROTECTIVE INTENT Is CLEAR FROM ITS LEGISLATIVE HISTORY.

Message from KAR regarding these forms - Kentucky Association of 2025

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