324.030 Exceptions to KRS 324.020.
KRS 324.020(1) and (2) shall not apply to:
(1) Any person who as owner or lessor performs any of the acts defined in KRS
324.010 with reference to property owned or leased by him or to his regular
employees, with respect to the property so owned or leased, if the acts are
performed in the regular course of, or as an incident to, the management of the
property and the investment in it;
(2) Any person acting as attorney in fact under a duly executed power of attorney from
the owner authorizing the final consummation by performance of any contract for
the sale, leasing, or exchange of real estate;
(3) Any attorney-at-law who is performing his duties as attorney-at-law;
(4) Any receiver, trustee in bankruptcy, administrator, or executor, person selling real
estate under order of any court, or a trustee acting under a trust agreement, deed of
trust, or will or the regular salaried employees thereof;
(5) A person engaged in property management, if the person:
(a) Is a regular employee of the owner or principal broker of the company
engaged in property management; or
(b) Receives as his primary compensation the use of a rental unit; or
(6) A nonlicensed person under the supervision of a licensed real estate broker who
contacts the public for the purpose of setting an appointment for the broker to meet
with them regarding buying or selling property and giving out general public
information specifically authorized by the broker.
Effective: July 14, 2000
History: Amended 2000 Ky. Acts ch. 488, sec. 5, effective July 14, 2000. -- Amended
1992 Ky. Acts ch. 448, sec. 4, effective July 14, 1992. -- Amended 1988 Ky. Acts
ch. 304, sec. 1, effective July 15, 1988. -- Amended 1986 Ky. Acts ch. 345, sec. 2,
effective July 15, 1986. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective
October 1, 1942, from Ky. Stat. sec. 3990e-2.
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