2011 Kentucky Revised Statutes CHAPTER 324 REAL ESTATE BROKERS AND SALESMEN 324.117 Advertising -- Affiliations to be listed -- Administrative regulations of commission.
KY Rev Stat § 324.117 (1996 through Reg Sess) What's This?
324.117 Advertising -- Affiliations to be listed -- Administrative regulations of
commission.
(1)
(2)
(3)
(4)
(5)
(6)
No real estate advertising shall be intentionally false, misleading, or deceptive.
The name of a deceased broker may remain a part of the firm name.
A sales associate may have his or her name in the firm name after two (2) years'
experience with the firm, averaging at least twenty (20) hours per week for twentyfour (24) months.
Whenever any real property is listed, a licensee shall include the name of the real
estate company listed on the licensee's real estate license or the name of the
principal broker with whom the licensee is affiliated in all advertisements of the
listed property, regardless of who places the advertisement, unless he or she is
selling, renting, leasing, or otherwise dealing in his or her own property. If listed
property is advertised by a customer or client of a listing licensee, the licensee shall,
at a minimum, provide the customer or client with written notification of the
requirements of this section. The licensee shall keep in his or her files a copy of the
notification and any other documentation that is generated by the licensee as proof
of his or her compliance with this section.
The commission shall, by the promulgation of administrative regulations, define
false, misleading, or deceptive advertising.
The commission shall, by the promulgation of administrative regulations, define the
manner in which licensees may utilize any Internet electronic communication for
advertising or marketing.
Effective: June 25, 2009
History: Amended 2009 Ky. Acts ch. 58, sec. 3, effective June 25, 2009. -- Amended
2004 Ky. Acts ch. 45, sec. 4, effective July 13, 2004. -- Amended 2000 Ky. Acts
ch. 360, sec, 1, effective July 14, 2000 and ch. 488, sec. 12, effective July 14, 2000. - Amended 1998 Ky. Acts ch. 313, sec. 8, effective July 15, 1998. -- Amended 1992
Ky. Acts ch. 448, sec. 13, effective July 14, 1992. -- Amended 1984 Ky. Acts
ch. 352, sec. 5, effective July 13, 1984. -- Amended 1982 Ky. Acts ch. 196, sec. 18,
effective July 15, 1982. -- Created 1980 Ky. Acts ch. 353, sec. 2, effective July 15,
1980.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.