KY Rules
If a Kentucky licensee is asked a legal question about a contract or a party’s rights, they should refer the client to this professional rather than provide legal advice.
Who is a licensed attorney?
The office describes its environment with three words: collaborative, positive, and this.
What is high-energy?
A buyer’s loan is approved, but the lender still needs to verify the buyer’s finances and the property before funding. This loan status is commonly called this.
What is conditional approval?
This detail helps agents quickly identify where a contact came from, such as a website or referral.
What is the lead source?
These two neighboring areas are known for German heritage, taverns, and lots of shotgun houses.
What are Germantown and Schnitzelburg?
In Louisville Metro, this code covers zoning, allowed land uses, parking, landscaping, and signage.
What is the Land Development Code?
This phrase in RE/MAX’s business model reminds clients that local offices operate independently.
What is “Each Office Independently Owned and Operated”?
When a buyer brings less cash to closing because the seller agrees to pay some of the buyer’s allowable closing costs, this is commonly called this.
What is a seller concession?
These saved searches automatically show contacts matching criteria like stage or last communication.
What are Smart Lists?
A buyer wants historic homes, Victorian architecture, and a neighborhood close to downtown. This Louisville neighborhood is a likely fit.
What is Old Louisville?
In Kentucky, a licensee may not disclose that a buyer would pay more than the offered price without this person’s informed consent.
Who is the buyer?
This is the name of our intranet—where important updates live and agents go when they can’t remember where something was posted.
What is Blink?
If the appraisal comes in below the contract price, this contract provision may let the buyer proceed by paying the difference, subject to its terms.
What is an appraisal gap clause?
This feature can schedule a series of tasks and emails for a contact.
What is an Action Plan?
Louisville’s Olmsted plan envisioned these three major parks as anchors for different parts of the city.
What are Cherokee, Iroquois, and Shawnee parks?
Kentucky’s agency disclosure form is intended to explain this before a consumer shares confidential information with a licensee.
What is the licensee’s agency role and whom they represent?
At 10605 Shelbyville Road, you can find real estate agents, mortgage help, and property management all under one roof. Name the four companies.
What are RE/MAX Premier Properties, Motto Mortgage, Limestone, and Premier Property Management?
Before closing, the title company checks public records for ownership issues, liens, or other claims that could affect the buyer’s title. This review is called this.
What is a title search?
This feature helps agents remember a specific next step with a contact.
What is a task?
Your clients want to live near Louisville’s original “Restaurant Row,” where choosing a dinner spot may take longer than writing the offer. Which neighborhood do you show them?
What are the Highlands?
A property owner wants to know the zoning and form district for a specific parcel. This local mapping resource can help them look it up.
What is LOJIC?
Scott’s office has a bourbon collection. Name up to five.
What are Buffalo Trace, Starlight, George T. Stagg, 1792, and Blanton’s?
At closing, property taxes, prepaid items, and certain other costs are divided between the buyer and seller based on the portion of the period each party owns the home. These adjustments are called this.
What are prorations?
This feature automatically assign new online leads to the right agent or group.
What is lead distribution?
This Jefferson County community sits at the county’s eastern edge and shares its name with a historic village and a major road.
What is Middletown?