3
How many Realtors are on the LBAR Board of Directors?
16
What Form is in Compliance with KRS.117(4) and states that all advertising must include the name of the real estate company or principal broker?
Advertising Disclosure
Corbin
When does Realty World have training webinars?
Every Wednesday at 1 PM EST
What is the fee for a licensee name change?
10.00
What City has the most Office Exclusive Listings?
Lexington
What listing form states the commission amount to be paid?
Exclusive Right to Sell
What is the 1st KY town to be named after a US President?
Washington, KY was the first town to be named after USA's first president. It was named after him in 1780 when he was still president.
If you are unable to attend the weekly webinars, where are they available for viewing at your convenience?
Realty World website under the learning center tab.
In what city is KREC located?
Frankfort
Who is the current President of LBAR?
John Groft
Name 3 circumstances when a Seller Disclosure of Property Condition is not required in a residential purchase.
1. New Construction homes if a written warranty is provided;
2. Sales of real estate at auction; and
3. A court supervised foreclosure sale.
What famous invention was 1st introduced in KY?
Thomas Edison introduced his greatest invention (electric light bulb) to the public at the 1893 Southern Exposition in Louisville, Kentucky.
What is the newest Realty World partnership?
TicketsatWork
In what year was the First Real Estate License Law passed by State Legislature?
1938
What was the AVG sales price in Madison County in May 2018?
$193,735.
What information must be included on every page of an Offer to Purchase Contract?
Property Address
What is unique about the postal abbreviation of KY?
Kentucky is the only state to have the last two letters of its name as its postal abbreviation (KY).
Name an approved Realty World vendor for Signage
Oakley Signs and Graphics
What is the purpose of KREC?
The Kentucky Real Estate Commission is charged with protecting the public interest through regulation, examination and licensing of Kentucky real estate sales associates and brokers pursuant to Kentucky Revised Statutes, Chapter 324.
How many Residential, Condo, or Townhouse new listings were added to LBAR in May, 2018?
185. There was 195 added in May 2017.
What confirmation is needed at the bottom of the Inspections Agreement Form?
Final Walk Through Confirmation
In what year did KY join the union?
1792