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Code · Kentucky · Kentucky Revised Statutes

330.032 License required for real estate sales at auction -- Collaboration between

109 words·~1 min read·/ky/330-032

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

auctioneer and real estate broker.
(1)A licensed auctioneer shall not sell real estate at auction without a real estate
broker's license.
(2)A licensed real estate broker shall not sell real estate at auction without an
auctioneer's license.
(3)Notwithstanding the provisions set forth in KRS 426.522, an auctioneer and real
estate broker may collaborate in conducting the sale of real estate at auction. When
an auctioneer and real estate broker collaborate in the conduct of a sale of real estate
at auction, a real estate broker shall be paid for services rendered as a broker, and an
auctioneer shall be paid for services rendered as an auctioneer.
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