Join the thousands of students who have already enrolled in our online real estate classes. 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. Of the 6 hours, 3 hours must be completed in real estate law. Frankfort, KY 40601
The first part of this course will dive into the various types of auctions and how each one works. Designed and employed by industry leaders, realtors, and brokers, our extensive industry knowledge continues to set us apart. .085 Continuing education requirements -- Post-licensure education requirements -- Qualifications of instructors -- Administrative regulations. Ethical, legal and practical issues occur when buyers scramble to get theirs while listing agents guard the gatesometimes using questionable means. 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. . 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. The course covers risks associated with everyday brokerage activities, illegal activities, representing buyers and sellers, environmental conditions, and fair housing. How you use the MLS communicates your level of professionalism and attracts people to your properties. 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 Per the Kentucky Commission on Proprietary Education, an enrollment agreement shall be completed and returned to the school prior to beginning course work. This course is an introduction into investing in Real Estate. What is Real Estate Continuing Education? 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. The federal antitrust portion of this course delves into antitrust law history, laws in today's real estate world, and more. This course will prepare student to properly fill out and fully understand how Disclosures should be used in the Real Estate Industry. It is also the required course to reactivate a license. Copy. The course then covers advertising rules and regulations, helping agents understand what is acceptable ways to advertise. At least three hours must be in law. A licensee shall complete this mandatory continuing education requirement by December 31st of each calendar year. It begins by describing the various types of ownership and the different types of easements. 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. Course registration: Each licensee must complete six hours of continuing education (three hours must be in real estate law) each year prior to December 31 AND complete a 4-hour Core Course once every four years. .110 Repealed, 1982. Topics covered include: Agency Disclosures, Stigmas, Sex offenders, Defects, Standards of Care, Fiduciary duties, Various disclosure forms, Confidentiality, Environmental considerations, Disclosures in practice, etc. Kentucky Insurance Continuing Education Requirements The State of Kentucky requires that all insurance producers and agents complete: Twenty-four (24) total hours of insurance continuing education every renewal period, which is two (2) years Three (3) of those hours must be in the subject of ethics Some important things to note: 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. 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? This course will help students understand how to effectively communicate with their clients and to advertise a property legally. All License Types Law: 3 CE hours Electives: 3 CE hours This course is beneficial for agents interested in investing in various types or real estate themselves or that work with investor clients.
Everyone who holds a real estate license is required to complete continuing education. All actively licensed real estate agents in Kentucky must complete the following continuing education requirements each education cycle (every 2 years). 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. It is estimated that approximately $300 billion in real estate is transacted by investors each year. The Fundamentals of Commercial Real Estate provides a solid foundation for your understanding of commercial real estate. Courses started after December 21 may not allow enough time to report the education. The full list of requirements can be found at the Kentucky Real Estate Commission website by clicking Every 4 years, license holders are required to take the Kentucky Core Course. 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 hours each year must be in law. We are your gateway to professional success because we have been in your shoes. When a licensee wishes to return to active status, he or she should complete the Kentucky Core CourseBEFOREthe license can be reactivated. Property zoning and other land use topics are covered in this course as well. 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 All of our continuing education courses are 100% online, accessible any time. Complete 12 hours of continuing education approved by the commission. *, KY 6.0 hours Sales Associates or Brokers Renewal Package #1. 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. Get answers to frequently asked questions here. If the provider is in doubt, contact the KREC Education Department for clarification. An examination of the newest and most prevalent types of fraudulent schemes. The Kentucky Core Course is required to be taken by licensees once every 4 years. This course will cover both Real Estate Auctions and Market Analysis. They are easy to find. . Appraisal continuing ed courses are offered at a 20% discount through a partnership with Calypso Continuing Education. This course starts by covering the Fair Housing Act and other various Fair Housing Laws. The course is broken into 3 units, the licensee can work through those units at their own pace. Lastly, other public protections laws are discussed. Students will also gain a thorough understanding of Condominium and Time Share ownership requirements and key elements of each. Kentucky Requirements Per KRS 324.046, Licensees have to complete twelve (12) hours of continuing education each biennial license period. Of the 6 hours, 3 hours must be completed in real estate law. The Market Analysis portion of this course is an overview of the real estate industry market as a whole. This course is an introduction into investing in Real Estate. This makes it the third-oldest university in the state of New York, and the first Catholic institution of higher education in the northeastern United States. This course will thoroughly cover the use of technology and various aspects of data security as it applies to today's real estate industry. Identifying Homebuying Advantages for Veterans (3 Elective Hours). This course covers many topics specific to real estate contracts. We recommend you contact the Kentucky Real Estate Commission for The final exam passing requirement is 75%. NOTE: Kentucky requires a state specific Continuing Education course (the Kentucky Core Law Course) to be completed by all active licensees once every four years. The Market Analysis portion of this course is an overview of the real estate industry market as a whole. Contact us at 859-623-1658 or click here for more contact information. Real estate professionals have a responsibility to know and understand the applicable fair housing and civil rights laws governing their workplace as well as their personal conduct. The first part of this course will dive into the various types of auctions and how each one works. In this course youll learn about: Client Advocacy in Commercial Real Estate. Q: What is the continuing education compliance time frame?A:All continuing education must be taken within the calendar yearJan. kentucky real estate license exam. Am I required to complete continuing education?A:As long as the license remains in inactive status, no additional education is required. Q: My license is in inactive status. 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. Unit 2 of the course focuses on real world tools, examples, interactive exercises, and activities relevant to real estate agents. Tactics that work with motivated, excited sellers don't always translate well when working with short sale sellers and short sale buyers. Continuing Education . Licensees are not required to attend the continuing education courses during the first two calendar years of initial license issuance in Kentucky. Once every four years, each licensee subject to the requirements must take the six-hour Kentucky Core Course. The Kentucky Core Course is required to be taken by licensees once every 4 years. .094 Repealed, 1977. Auctions are common in the real estate field and function very differently from your everyday real estate transaction. Want to learn more about requirements and the details involved in getting your Kentucky real estate license? The KREC does not sponsor courses. Complete the 3-hour elective and 3-hour Legal Topics continuing education requirement for real estate agents in Kentucky with this renewal package. 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! This course covers the basics of real estate appraisal and federal antitrust laws. The course then describes illegal acts and how they are enforced. 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. The law is codified in KRS 324.085 and goes into effect on January 1, 2016. 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. Our CE courses will allow you to complete your education anytime, anywhere. Shop our CE solutions and keep your real estate license up-to-date. Of the 6 hours, 3 hours must be completed in real estate law. Our instructors are available around-the-clock to help with any of your real estate questions. 6-Hr. Know exactly what real estate courses are required before you enroll. Your clients should be aware that tax consequences occur as a result of each real estate transaction. 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. All Rights Reserved | Perry Real Estate College | Site by Fix8, KENTUCKY CONTINUING EDUCATION REQUIREMENTS. kentucky real estate license exam. Get pricing, requirements and detailed information for New York real estate continuing education courses and package from The CE Shop. No other continuing education course will substitute for the Kentucky Core Course. Possessing knowledge of the strategies and mindsets of investors will help you serve your valuable investor clients effectively, responsibly, and ethically. Our real estate courses are designed for complete flexibility and can be completed anytime, anywhere. All rights reserved. This course covers many topics specific to real estate contracts. Continuing Education consists of the courses required for retaining your real estate license. 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? The prices listed here are the typical retail prices. Enrollment agreement documents can be found in the documents section of each course. Just click on the purchase button to see the discounted price. All the hard work, the showings, the negotiations, the contracts, and the communications are all part of the race. Unit 2 of the course focuses on real world tools, examples, interactive exercises, and activities relevant to real estate agents. Kentucky Real Estate Licensees are required to obtain 6 hours of continuing education every year, including 3 hours of real estate law. Six (6) of the twelve (12) hours must be in KREC-approved law courses. All real estate agents with an active license are required to take 6 hours of CE courses by the end of the calendar year. At Perry Real Estate College, it is not merely about passing a test. Additional Hour Fee: Each additional hour over 6 is $5.00 Discount is automatically applied at checkout Course Completion Reporting: Course completions are reported to the Kentucky Real Estate Commission, every business day. here. The course covers risks associated with everyday brokerage activities, illegal activities, representing buyers and sellers, environmental conditions, and fair housing. The Core Course will satisfy the continuing education requirements for licensees in the year that it is taken. The Board is funded through licensure fees and appraisal management company registrations. If it is a licensees year to take the Core Course, no other continuing education course can be used as a substitute. 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. 6 hours - Law hours 6 hours - Elective hours Option 1 - Bachelor's Degree in any field of study. We offer state-specific courses and engaging electives that follow current trends and issues in the industry. 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.