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Real Estate Salesperson Exam — National Portion

Advertising (KY): practice questions

Our Real Estate (National) bank has 4 questions on this topic. Here are 4 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Kentucky

When may a Kentucky licensee who acted as buyer's agent advertise a sale?

  1. Never; only the listing broker may advertise a sale
  2. Only with written consent of the seller's listing principal broker
  3. After closing, if the ad clearly states the buyer's-agent role
  4. Once the contract is signed, without any qualifications
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C. After closing, if the ad clearly states the buyer's-agent role — 201 KAR 11:105 Section 1(2).

Question 2 · Kentucky

A Kentucky team uses an assumed name for advertising. How must that name end?

  1. With "Realty" or "Real Estate"
  2. With the word "team" or "group"
  3. With the firm's license number
  4. With the principal broker's surname
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B. With the word "team" or "group" — 201 KAR 11:105 Section 4(5).

Question 3 · Kentucky

When may a Kentucky sales associate's name be part of a firm name?

  1. Never; only the principal broker's name may appear
  2. Once the associate earns a broker license in any state
  3. As soon as the principal broker gives written approval
  4. After two years with the firm averaging 20 hours a week
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D. After two years with the firm averaging 20 hours a week — KRS 324.117(3).

Question 4 · Kentucky

Under commission rules, what must every Kentucky real estate advertisement include?

  1. The registered firm name or the principal broker's full name
  2. The commission's mailing address and consumer complaint hotline number
  3. The sales associate's license number and personal phone
  4. A statement of the commission rate the brokerage charges
Show the answer

A. The registered firm name or the principal broker's full name — 201 KAR 11:105 Section 2(2).

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