324.030 Exceptions to KRS 324.020.

245 words·~1 min read·/ky/chapter-324/324-030

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

KRS 324.020(1) and

(2)shall not apply to:

(1)Any person who as owner or lessor performs any of the acts defined in KRS

324.010 with reference to property owned or leased by him or to his regular

employees, with respect to the property so owned or leased, if the acts are

performed in the regular course of, or as an incident to, the management of the

property and the investment in it;

(2)Any person acting as attorney in fact under a duly executed power of attorney from

the owner authorizing the final consummation by performance of any contract for

the sale, leasing, or exchange of real estate;

(3)Any attorney-at-law who is performing his duties as attorney-at-law;

(4)Any receiver, trustee in bankruptcy, administrator, or executor, person selling real

estate under order of any court, or a trustee acting under a trust agreement, deed of

trust, or will or the regular salaried employees thereof;

(5)A person engaged in property management, if the person:

(a)Is a regular employee of the owner or principal broker of the company

engaged in property management; or

(b)Receives as his primary compensation the use of a rental unit; or

(6)A nonlicensed person under the supervision of a licensed real estate broker who

contacts the public for the purpose of setting an appointment for the broker to meet

with them regarding buying or selling property and giving out general public

information specifically authorized by the broker.