Kentucky Statutes 324.287 – Fees
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The commission shall set, charge, and collect the following fees: (1) Examination fee, not to exceed one hundred dollars ($100);
(2) Broker‘s and sales associate’s original biennial license fee, not to exceed sixty dollars ($60);
(3) Broker’s and sales associate‘s biennial renewal fee, not to exceed sixty dollars ($60); (4) (a) Transfer from one (1) principal broker to another, not to exceed ten dollars
($10).
(b) If the transfer is initiated by the principal broker for twenty (20) or more licensees, the transfer fee shall not exceed two hundred dollars ($200);
(5) Reactivation fee, not to exceed ten dollars ($10);
(6) Certification of status with the commission, ten dollars ($10); (7) Request for any change, not to exceed ten dollars ($10);
(8) Biennial recovery fund fee, not to exceed sixty dollars ($60);
(9) Prelicensing education course review fee, not to exceed two hundred dollars ($200); (10) Continuing and postlicensing education course review fee, not to exceed fifty
dollars ($50); and
(11) Distance education course review fee, not to exceed seventy-five dollars ($75).
Effective: January 1, 2020
History: Amended 2019 Ky. Acts ch. 135, sec. 4, effective January 1, 2020. — Amended 2000 Ky. Acts ch. 488, sec. 25, effective July 14, 2000. — Amended 1992
Ky. Acts ch. 448, sec. 25, effective July 14, 1992. — Created 1982 Ky. Acts ch. 196, sec. 7, effective July 15, 1982.
(2) Broker‘s and sales associate’s original biennial license fee, not to exceed sixty dollars ($60);
Terms Used In Kentucky Statutes 324.287
- Broker: means any person who is licensed under KRS §. See Kentucky Statutes 324.010
- Commission: means the Kentucky Real Estate Commission. See Kentucky Statutes 324.010
- Principal broker: means a person licensed as a broker under KRS §. See Kentucky Statutes 324.010
- Sales associate: means any person licensed in accordance with KRS §. See Kentucky Statutes 324.010
(3) Broker’s and sales associate‘s biennial renewal fee, not to exceed sixty dollars ($60); (4) (a) Transfer from one (1) principal broker to another, not to exceed ten dollars
($10).
(b) If the transfer is initiated by the principal broker for twenty (20) or more licensees, the transfer fee shall not exceed two hundred dollars ($200);
(5) Reactivation fee, not to exceed ten dollars ($10);
(6) Certification of status with the commission, ten dollars ($10); (7) Request for any change, not to exceed ten dollars ($10);
(8) Biennial recovery fund fee, not to exceed sixty dollars ($60);
(9) Prelicensing education course review fee, not to exceed two hundred dollars ($200); (10) Continuing and postlicensing education course review fee, not to exceed fifty
dollars ($50); and
(11) Distance education course review fee, not to exceed seventy-five dollars ($75).
Effective: January 1, 2020
History: Amended 2019 Ky. Acts ch. 135, sec. 4, effective January 1, 2020. — Amended 2000 Ky. Acts ch. 488, sec. 25, effective July 14, 2000. — Amended 1992
Ky. Acts ch. 448, sec. 25, effective July 14, 1992. — Created 1982 Ky. Acts ch. 196, sec. 7, effective July 15, 1982.