kentucky real estate continuing education requirements

An overview of the most common valuation methods for real estate and businesses. This course covers many topics pertinent to successfully and legally using your real estate license. The appraisal portion fully describes the appraisal process, how to value a property, factors affecting value, the basic principles of appraisal, and the methods of appraising real estate. Visit the KREC website for more information or check your education status through the Kentucky Real Estate Commission Database. Kentucky Real Estate Continuing Education Requirements All licenses Expire: March 31st Each Year Continuing Education Requirement: 6 hours each year by 12/31 Must Include: 3 hours in an approved legal topic; Additional Requirement: Once every four years, each licensee subject to the requirements must take the six-hour Kentucky Core Course. KY Requirements Filters Build Your Own 6-Hour CE Package for $54.95! Property zoning and other land use topics are covered in this course as well. Property zoning and other land use topics are covered in this course as well. Continuing Education . Current Sale Compare Pricing State Requirements 96-Hr. You can find those by clicking on the catalogs above. Licensees are not required to complete continuing education courses the first 2 calendar years of initial license issuance in Kentucky. After completion, students should fully understand Fair Housing law, other public protection laws, how they are enforced, and how to operate a real estate business legally and responsibly. 6 hours - Law hours 6 hours - Elective hours Click On Category To See Available States: Code of Ethics: Good For Your Clients and Your Business (3 elective hours)**, Breaking Barriers: Fair Housing (3 law hours), Keeping It Honest: Understanding Real Estate and Mortgage Fraud (3 law hours), Attracting Online Consumers: Listings and Syndication (3 elective hours), Title and Escrow: Two Families, One Transaction (3 law hours), Did You Serve? Everyone who holds a real estate license is required to complete continuing education. Keeping it Honest: Understanding Real Estate and Mortgage Fraud. With this flexibility, agents are able to continue working while finishing their continuing education requirement around their schedule. Toll Free: 888-373-3300. This is a great course for a residential agent or beginner commercial agent to get their feet wet in the process of Leasing and Property Management. Q: My license is in inactive status. 6-Hr. This course also features interactive exercises and state specific contracts. Electronic transactions and e-signatures can give you the competitive edge you need to attract new business, better serve existing clients, and improve your bottom line. Learn all about tax free exchanges. Our Core Course is available 100% online, accessible any time. This course takes the concept of advocacy and applies it to everyday actions in commercial real estate. Our CE courses will allow you to complete your education anytime, anywhere. E-Mail: hannah.carlin@ky.gov. This course is an introduction into Leasing and Property Management. The course then describes illegal acts and how they are enforced. The Kentucky Residential Core Course is a six-hour course offered online, via live web cam and in a classroom format. The course begins by discussing the basic elements of communication and how to properly relay a message so that the intended party receives what you are trying to convey. Potential buyers, in addition to other real estate professionals, can view your listings through a multitude of websites. See answer (1) Best Answer. .110 Repealed, 1982. Today's MLS: New Paradigms: Better Results. The full list of requirements can be found at the Kentucky Real Estate Commission website by clicking The law is codified in KRS 324.085 and goes into effect on January 1, 2016. kentucky real estate license exam. The Legal Descriptions and Land Use course will fully cover each method of describing real estate. Kentucky requires that every agent must take the Kentucky Core Course - to be completed once every four years. Does your busy schedule make finishing your Continuing Education requirements a chore? Continuing Education consists of the courses required for retaining your real estate license. If you need law credit, always check with the provider before signing up for a course to be sure the course satisfies the three hour law requirement. KY 6.0 hours Sales Associates or Brokers Renewal Package #3 contains: KY 3.0 hours Duties of a Real Estate Broker. Be 18 years old B. Kentucky requires 6 hours of continuing education by December 31 of each calendar year. All Rights Reserved | Perry Real Estate College | Site by Fix8, KENTUCKY CONTINUING EDUCATION REQUIREMENTS. Risk Management for Brokers, also known as the Broker Core Course, is a six-hour classroom format and is available only to broker associates and principal brokers. All active licensees who were originally licensed in Kentucky after June 19, 1976 are subject to the continuing education requirements--six hours each calendar year, with at least three hours in an approved legal topic. The full list of requirements can be found at the Kentucky Real Estate Commission website by clicking. Mandatory hours: 3 Elective hours: 3 Good to know Other insights about getting your Kentucky real estate license Kentucky requires a state-specific continuing education course (the Kentucky Core Course) to be completed by all active licensees subject to continuing education once every four years. In 1839, Hughes, then 42 years old, had purchased the 106-acre Rose Hill Manor farm in the . Highlights include decision-making exercises designed for an in-depth understanding of application in daily real estate practice. Possessing knowledge of the strategies and mindsets of investors will help you serve your valuable investor clients effectively, responsibly, and ethically. Learn what is required to qualify for a tax free exchange, what different kinds of exchanges are available and also various ways that the title can be transferred for the purpose of an exchange. **To receive credit for distance education, an exam must be included in the course with a 90% passing score. Lastly, other public protections laws are discussed. that will help you understand the mindset and strategies of investors, Details about current real estate market conditions and the impact of investors on the market over time, A look at recent data from the U.S. census, NAR surveys, and other independent studies, as well as a discussion about what it all means for todays real estate investors, Tips for acting ethically, providing a high level of service, and avoiding liability issues while working with investors, Advice for becoming a real estate investor yourself, including legal landmines to guard against, An overview of hot market dynamics, including low inventory, cash buyers, multiple offers, appraisal and lending issues, How to stay ethical, legal and avoid violating MLS rules when taking a pocket listing, A discussion of private listing groups and their potential risks for fair housing and anti-trust violations, Buyer strategies for writing winning offersand guerilla tactics to avoid, Escalator clauses, what they are and how to respond to them, Ways to assist sellers in evaluating offers based not only on price and terms but also on buyer strength, Strategies for responding to multiple offers, Options for buyers and sellers when properties do not appraise, A foundational understanding of foundations! Ready to dig into the details on how a property is described? We are about building a foundation for our students to empower their future success in their real estate careers. If the provider is in doubt, contact the KREC Education Department for clarification. This course will thoroughly cover the Law of Agency. Good service means being an effective advocate, and this course will help polish those advocating skills. All actively licensed agents (both salespersons and brokers) must complete 6 hours of continuing education courses each year, including: 3 hours of courses approved for law credit Summary: Kentucky real estate licensees are required to complete 6 hours of approved continuing education annually by December 31st. 500 Mero Street, 2NE09. This course will cover the full range of Financing in the Real Estate industry. Kentucky Real Estate Commission Approval This institution works towards students getting agent licensing in the . We offer 100% state-approved Kentucky Real Estate Continuing Education (CE) online courses that are engaging, mobile-friendly, and can be completed around your busy schedule. This course covers many topics pertinent to successfully and legally using your real estate license. It is estimated that approximately $300 billion in real estate is transacted by investors each year. Ethical, legal and practical issues occur when buyers scramble to get theirs while listing agents guard the gatesometimes using questionable means. 6 hours must be completed each year, credit will not be given if the same course is completed in the education cycle. Kentucky real estate brokers are required to obtain 6 hours of continuing education every year by December 31. Practicing real estate during a hot market is not business as usual. The course covers risks associated with everyday brokerage activities, illegal activities, representing buyers and sellers, environmental conditions, and fair housing. Lastly, other public protections laws are discussed. However, federal definitions of protected classes expand and change. Enrollment agreement documents can be found in the documents section of each course. For Annual CE, Kentucky NMLS licensed MLOs are required to complete: 3 hours on relevant federal regulations and law 2 hours of ethics training (including training on consumer protection, fair lending issues, and fraud) 2 hours on lending standards for nontraditional mortgage products 1 hour of Kentucky law-specific education All rights reserved. The course then describes illegal acts and how they are enforced. Want to learn more about requirements and the details involved in getting your Kentucky real estate license? This course covers many topics specific to real estate contracts. It will describe the different protected classes and how to avoid Fair Housing violations. (1) (a) All actively licensed agents, except those licensees exemptunder KRS 324.046(5) and those licensees satisfying the educational requirement in subsection (2) of this section, shall successfully complete twelve (12) classroom or online hours of continuing education for the biennial license period. All the hard work, the showings, the negotiations, the contracts, and the communications are all part of the race. Note: The school cannot issue Kentucky Real Estate credit without a completed enrollment agreement on file. The course covers the need-to-know information on a broad range of commercial topics. The signing of all the documents and transferring of ownership from one person to another comes at the finish line. This course will cover both Real Estate Auctions and Market Analysis. Unit 2 of the course focuses on real world tools, examples, interactive exercises, and activities relevant to real estate agents. This course will help students understand how to effectively communicate with their clients and to advertise a property legally. Yes. This course has been thoughtfully designed to meet the training and supervisory needs of a brokers regulatory management responsibilities. This course also features interactive exercises and state specific contracts. Complete with case studies and various scenarios, students will enjoy a better understanding of what is and is not ethical for real estate professionals. 3.0 hours The Millennials are Changing Real Estate! This course satisfies the 3 hour law + 3 hour elective for the year that it is taken. Join the thousands of students who have already enrolled in our online real estate classes. This course is beneficial for agents interested in investing in various types or real estate themselves or that work with investor clients. Client advocacy filters into every aspect of your real estate business, starting with the method you use to pursue new clients through your follow-up call after you have executed a transaction. Know exactly what real estate courses are required before you enroll. the Kentucky Real Estate Commission. Of the 6 hours, 3 hours must be completed in real estate law. The course then covers advertising rules and regulations, helping agents understand what is acceptable ways to advertise. A real estate transaction can be similar. This course starts by covering the Fair Housing Act and other various Fair Housing Laws. How you use the MLS communicates your level of professionalism and attracts people to your properties. Is Continuing Education Required for License Renewal in Kentucky? Exercises and real world examples are used to further illustrate proper advertising in today's market. Take advantage of our partnership with The CE Shop by enrolling in one of their convenient online courses that you can complete at your own pace and take back your time. Other facts and insights about getting your license. Mayo-Underwood Building. While it can sound confusing, our real estate school explains the Kentucky Real Estate Commissions continuing education requirements. The groundwork of understanding different types of leases, types of estates, and residential and commercial property management is established in this title. Know exactly what real estate courses are required before you enroll. KY 6.0 hours Sales Associates or Brokers Renewal Package #2 contains: KY 6.0 hours Sales Associates or Brokers Renewal Package #3. McKissock helps you understand the Kentucky real estate continuing education requirements. The makeup and powers of the real estate commission, fines and penalties, education requirements, E&O Insurance, Contracts, Agency, Fair Housing, and other topics are presented in the material. 3 hours each year must be in law. PPC Agency Phone Numbers, Commonwealth of Kentucky. Option 1 - Bachelor's Degree in any field of study. Get pricing, requirements and detailed information for New York real estate continuing education courses and package from The CE Shop. Q: What is the continuing education compliance time frame?A:All continuing education must be taken within the calendar yearJan. PREC strives to be a lifelong resource for its students. Kentucky Real Estate Commission. Our Core Course is available 100% online, accessible any time. Call Us November 28, 2021 . Kentucky Real Estate Licensees are required to obtain 6 hours of continuing education every year, including 3 hours of real estate law. Per the Kentucky Commission on Proprietary Education, an enrollment agreement shall be completed and returned to the school prior to beginning course work. All License Types Total Requirements: 12 CE hours Annual Requirements: 6 CE hours Are there any subject area requirements for Kentucky Real Estate CE? Real Estate Express helps you understand the Kentucky real estate license requirements. .105 Repealed, 1982. In this course youll learn about: Client Advocacy in Commercial Real Estate. Kentucky requires a state specific continuing education course - the Kentucky Core Course - to be completed by all active licensees subject to continuing education once every four (4) years. Kentucky Real Estate College is an online real estate school that provides real estate courses for those who want to become a real estate agent, a real estate broker, or complete any of their real estate education requirements. This is a great course for a residential agent or beginner commercial agent to get their feet wet in the process of Leasing and Property Management. Copy. Topics covered include: Elements of a contract, Types of contracts, Statute of Frauds, Real Estate specific contracts, Amendments and addendums, and Contingencies. Kentucky requires that every agent must take the Kentucky Core Course - to be completed once every four years. It begins by describing the various types of ownership and the different types of easements. Complete 12 hours of continuing education approved by the commission. Q: What is the Kentucky Core Course?A:It is a six-hour course developed by the KREC covering the federal, state and common laws relating to real estate. Tactics that work with motivated, excited sellers don't always translate well when working with short sale sellers and short sale buyers. The makeup and powers of the real estate commission, fines and penalties, education requirements, E&O Insurance, Contracts, Agency, Fair Housing, and other topics are presented in the material. The course then covers advertising rules and regulations, helping agents understand what is acceptable ways to advertise. Licensees are not required to attend the continuing education courses during the first two calendar years of initial license issuance in Kentucky. KY Core Course Schedule The course also features interactive exercises and students will fill out Agency Contracts used in Kentucky. A detailed explanation of how to identify and meet the various needs of your commercial real estate clients. All actively licensed real estate agents in Kentucky must complete the following continuing education requirements each education cycle (every 2 years). The federal antitrust portion of this course delves into antitrust law history, laws in today's real estate world, and more. Six (6) of the twelve (12) hours must be in KREC-approved law courses. The Forms of Ownership course will cover the various types of ownership, different types of tenancy, trusts and estates, and various types of investments ventures. Video enactments depicting actual fair housing cases, submitted by the Oklahoma Real Estate Commission. Different types of Agency, Agency Contracts, Broker and Agent relationships, Types of Brokerage Activities, Client and Customer level services are all discussed throughout the course. Kentucky Real Estate Commission requires a final exam for CE courses and will allow for only TWO attempts on the final exam before requiring the course be retaken. At least three hours must be in law. This course will prepare student to properly fill out and fully understand how Disclosures should be used in the Real Estate Industry. 656 Chamberlin Ave, Suite B Frankfort, KY 40601 Phone: 502-564-7760 Toll-Free: 888-373-3300 Website: http://krec.ky.gov/ Salesperson Pre Licensing Education Requirements. Q: Am I required to send copies of my completion certificates for all courses I take?A:If you attend continuing education courses sponsored by an approved Kentucky provider (refer to the provid, 500 Mero Street Auctions are common in the real estate field and function very differently from your everyday real estate transaction. **, American Society of Home Inspectors (ASHI), International Association of Certified Home Inspectors (InterNACHI), California Real Estate Inspection Association (CREIA). College Level Education for Certified Residential. Frankfort, KY 40601. Fordham was founded as St. John's College in 1841 by the Irish-born coadjutor bishop (later archbishop) of the Diocese of New York, John Hughes. Up-to-the-minute actual case studies in fair housing violations. Continuing Education, Pre-licensing and Exam-prep courses offered onlie or thru self-study. This agreement is separate from that of the requirement of an affidavit from the Commission. Individual Course Menu: Hours: Kentucky Real Estate License Requirements Step 1: Complete a Kentucky 96-hour Real Estate Pre-Licensing Course How Much Does The Kentucky Real Estate Pre-Licensing Course Cost? Of the 6 hours, 3 hours must be completed in real estate law. The final exam passing requirement is 75%. Federal, state, and local governments have taken steps to combat real estate fraud, but it remains a major problemand one you need to have a solid understanding of to ensure you're able to shield your clients and yourself from being defrauded or unknowingly committing fraud. ALWAYSuse your full legal name (the one that appears on your license), your license number (not the NAR member number), and your residence address. What is Real Estate Continuing Education? Grab your piece of the pie by understanding the driving forces in the dynamic residential real estate investment market. . All of our continuing education courses are 100% online, accessible any time. Continuing education is due on December 31st every year and the license renewal is by March 31st every two years. This course is an introduction into investing in Real Estate. The following providers are approved to offer continuing education classes for real estate licensees. Complete 12 hours of continuing education approved by the commission. the licensee submits the Individual Request Form, fee, and all required documentation to kreceducation@ks.gov. This course will thoroughly describe what risks are present to agents in today's real estate market and how agents can effectively manage that risk. A licensee shall complete this mandatory continuing education requirement by December 31st of each calendar year. Get answers to frequently asked questions here. .092 Repealed, 1980. Advising clients on what items should stay with a property and what is considered personal property can sometimes be difficult, this course will clear up the confusion. After completion, students should fully understand Fair Housing law, other public protection laws, how they are enforced, and how to operate a real estate business legally and responsibly. Kentucky Real Estate Continuing Education (CE) and License Renewal Requirements: Real estate professionals in Kentucky must renew their licenses by December 31 every year Licensees must take 6 hours of real estate CE each year between January 1 through December 31 (no credit will be carried into next calendar year), including 3 hours on . Enroll today & save! The Legal Descriptions and Land Use course will fully cover each method of describing real estate. The prices listed here are the typical retail prices. here. This course is an introduction into investing in Real Estate. Complete the 3-hour elective and 3-hour Legal Topics continuing education requirement for real estate agents in Kentucky with this renewal package. Monday-Friday 8am-8pm EST Kentucky Requirements: Brokers and Sales Associates in Kentucky have two continuing education requirements that must be met. Numerous examples populate the course, including strategies to employ when pursuing new business, opportunities to educate your clients, and effective discussion points to help your clients see when an expert is needed. This course will thoroughly cover the use of technology and various aspects of data security as it applies to today's real estate industry. The only exceptions to this rule are three courses that have incorporated in to their course outline, substantial references to license laws as they compare to the Code. Q: What courses qualify for law credit?A:Kentucky license laws, agency, contracts, fair housing, environmental law, 1031 tax laws, ANSI Standards, antitrust, landlord-tenant law, planning and zoning issues and misrepresentation classes. At Perry Real Estate College, it is not merely about passing a test. Includes footings and how they work with foundations to form a system, design concerns of foundations including soil conditions, water tables and live and dead loads, Design considerations for roofs, walls, windows and doors, An overview of HVAC types and considerations, including cost, efficiency and varying tenant needs, A look at electrical, lighting, controls and fire and security alarms, and how they differ by building use and tenant need, How external conditions can impact building design, occupancy and parking, including zoning and code location, topography, environmental factors, Real life examples of complicated transactions and the key actions that made them successful, Evaluation of how specialization expands your core competencies resulting in a more stable and successful business strategy, A deep look at your client interactions with specific advice on how to improve the results, A look at what it takes to make an e-mail a legally binding agreement, including a discussion of the mirror image rule, Tips for ensuring that your e-mail communications remain blunder free, A discussion of the pros and cons of e-mail disclaimers and how much protection they really provide users, A look at how e-signatures are becoming more and more commonplace in the real estate industry, with institutions like the Federal Housing Administration (FHA) and mortgage giants like Freddie Mac accepting e-signatures and the National Association of REALTORS partnering with DocuSign, an e-signature provider, A detailed discussion of several national and international e-signature laws, including the Electronic Signatures in Global and National Commerce Act (ESIGN), the Uniform Electronic Transactions Act (UETA), and EU Directive 1999/93/EC, A review of several precedent-setting case studies and their influence on the use of electronic negotiations in the real estate industry, An examination of the financial and practical benefits of using e-signature technology, Tips for selecting an e-signature technology that fits your needs as a busy real estate agent, A description of the crucial security features and authentication methods to look for in an e-signature software, Tips for successfully integrating e-signature technology into your day-to-day business transactions.