324.990 Engaging in real estate brokerage without license -- Penalties.

188 words·~1 min read·/ky/chapter-324/324-990

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

(1)Any person engaging in real estate brokerage without a license shall be guilty of a

Class A misdemeanor for a first offense and a Class D felony for any subsequent

offenses. A person who engages in real estate brokerage without a license due to

failure to renew a previously valid Kentucky license shall not be subject to this

penalty if the person is entitled to and does avail himself of the remedial provisions

of KRS 324.090(3).

(2)In addition to the penalties set out in this chapter, a Circuit Court may impose an

additional penalty on any person who violates any provision of this chapter by

fining them not less than one hundred dollars ($100) nor more than one thousand

dollars ($1,000) or imprisoning them for a term not to exceed six

(6)months, or

both. Upon conviction, in addition to the aforesaid fine, there shall be added to the

fine the amount of any real estate brokerage commission paid or received as a result

of the violation or violations in question. Each transaction shall be regarded as a

separate offense and shall be punished as such.