KY Real Estate study plan

Map the composition, appointment process, and enforcement powers of the Kentucky Real Estate Commission onto a one-page diagram drawn from memory

List the statutory pre-licensing, examination, and post-license education hour requirements for sales associates and for brokers

Distinguish license statuses (active, inactive, expired, suspended, revoked, referral) and state what activity each permits

Recite the statutory grounds for license discipline and the range of penalties the Commission may impose

Apply Commission advertising, assumed-name, and team-name rules to ten written ad samples and label each as compliant or a violation with the reason

Trace the path of trust and escrow funds from receipt through disbursement, including recordkeeping and reconciliation timeframes

Identify the events that create an agency relationship, the events that terminate it, and the timing of required agency disclosure

Differentiate designated agency, dual agency, and transaction brokerage as permitted in Kentucky, and explain consent requirements for each

Recite each fiduciary duty from memory and match it to ten short fact patterns

Distinguish the duties owed to a client, to a customer, and to a designated agent's own brokerage

Break down the essential elements of an enforceable Kentucky sales contract, common contingencies, and available remedies for breach

Compare listing agreement types and buyer agency agreement terms, including duration, termination, and compensation clauses

Classify freehold and leasehold estates and identify which interests are transferable, deviseable, or terminable

Differentiate easements, licenses, liens, and other encumbrances and explain each one's effect on marketable title

Interpret metes-and-bounds, lot-and-block, and government survey descriptions, and compute acreage from supplied measurements

Sequence a Kentucky transfer from contract through deed delivery and recording, and identify deed types by the warranties they carry

Distinguish severalty, tenancy in common, joint tenancy, and tenancy by the entirety by survivorship, unity, and conveyance consequences

Explain the recording statute, adverse possession elements, and how title defects are cured or insured against

Select the appropriate valuation approach for a given property type and justify the choice in writing

Compute a gross rent multiplier and a simple capitalization rate, and use each to derive an indicated value

Compute PITI, loan-to-value, down payment, discount points, and qualifying income ratios for six loan scenarios

Differentiate conventional, FHA, VA, and USDA loan features, and identify the Kentucky housing finance programs available to buyers

Explain disclosure timing and escrow requirements under federal lending disclosure rules, and name prohibited practices

Identify predatory lending red flags and the disclosures a licensee must ensure a borrower receives

Draft a listing presentation outline covering pricing rationale, marketing plan, and disclosure obligations

Identify the protected classes under federal fair housing law and under Kentucky law, then apply them to ten advertising and showing scenarios

Sequence a settlement from offer acceptance through disbursement, and explain the Closing Disclosure, prorations, and settlement entries

Distinguish permitted from prohibited solicitation and internet advertising practices, including the do-not-call and advertising rules

Re-drill the fifteen most frequently missed concepts from your cumulative error logs until each is explained aloud without notes

Complete two full-length timed practice exams under simulated testing conditions

Build a one-page reference sheet of key numbers, deadlines, and statutory citations for rapid review

Recite the Kentucky-specific rules that most often differ from general national real estate content