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Updated October 2026

Kentucky Real Estate Practice Exam

A free practice test for the Kentucky salesperson exam, for the weeks before your test date, with an explanation on every answer. Score yourself against Kentucky's real 75% pass line before you book.

Kentucky full practice test

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Practice of real estate

An affiliated Kentucky licensee wants to advertise a specific listing held by another principal broker. Whose written consent is required?

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This practice exam is a study aid, not the real exam. Our questions are written by us to match the published content outline. They are not actual exam questions, no score here predicts a pass, and this site is not affiliated with, endorsed by, or sponsored by PSI, Pearson VUE, ARELLO, any state real estate commission, or any government agency. Your state commission and your candidate handbook are the only authoritative sources.

Kentucky real estate exam at a glance

Kentucky real estate salesperson exam at a glance
National questions80 scoredsource
State-law questions50 scoredsource
Passing score75%source
Time limit4 hourssource
Exam fee$100.00 per attemptsource
Test providerPSIsource
Pre-licence education96 hourssource

Figures verified against official sources on . Exam fees and rules change. Check the linked source before you book.

10 sample questions, with answers explained

Every question above with its correct answer and the reasoning behind it. Read the explanations for the ones you answered correctly too. A lucky guess and knowing the rule look identical on a score report. These are sample questions from our larger bank.

  1. 1. An affiliated Kentucky licensee wants to advertise a specific listing held by another principal broker. Whose written consent is required?

    • AThe listing principal broker’scorrect
    • BOnly the advertising licensee’s principal broker’s
    • COnly the seller’s, without the listing principal broker’s
    • DNo one’s if the listing is online

    Why: The advertising rule requires the listing principal broker’s written consent for that specific listing. Public online availability is not permission to republish it.

    Practice of real estate

  2. 2. A Kentucky advertisement displays only a shortened team brand. What brokerage identification does 201 KAR 11:105 require?

    • AThe full registered brokerage name or full registered principal broker name with the proper designationcorrect
    • BOnly the postal address of the listing property
    • COnly a nickname used by the top producer
    • DOnly a link to the photographers portfolio

    Why: 201 KAR 11:105 Section 2(2) requires advertisements to identify the full registered brokerage name or the full registered principal broker name with clear principal broker designation.

    Practice of real estate

  3. 3. A Kentucky management agreement terminates. When is the final accounting due?

    • AWithin 30 days
    • BWithin 60 dayscorrect
    • CWithin 90 days
    • DWithin 15 days

    Why: 201 KAR 11:121 requires a final accounting within 60 days, including transactions after the last monthly accounting. Termination does not eliminate accounting duties.

    Property management

  4. 4. Kentucky escrow funds earn interest. Who receives that interest?

    • AThe commission automatically
    • BThe principal broker automatically
    • CThe person all parties designate in writingcorrect
    • DThe seller automatically

    Why: Interest-bearing escrow is permitted, but KRS 324.111 assigns interest as all parties agree in writing. It is not automatically broker income.

    Practice of real estate

  5. 5. An unlicensed Kentucky investor advertises an equitable interest in a real-property purchase contract for sale. What restriction applies?

    • AOnly recorded deeds can be covered by license law
    • BAdvertising is unrestricted if the investor never visits the property
    • CThe statute prohibits unlicensed advertising of that equitable interestcorrect
    • DEvery contract assignment is exempt from licensing advertising rules

    Why: KRS 324.020(1)(b) prohibits an unlicensed person from advertising for sale an equitable interest in a real-property purchase contract.

    Practice of real estate

  6. 6. A Kentucky license has expired for more than one year. Is ordinary renewal without an examination guaranteed?

    • AYes, if the licensee still owns a home
    • BNo, the former licensee is permanently barred
    • CNo, the ordinary no-examination renewal rule has an exception for that lapsecorrect
    • DYes, every expired license renews without examination

    Why: KRS 324.045 excepts licenses expired more than 1 year from the general no-examination renewal rule. A lapse is not itself a permanent lifetime prohibition.

    Practice of real estate

  7. 7. What kind of harm may Kentucky's recovery fund compensate under KRS 324.420(7)?

    • AActual financial harm specifically and directly related to the propertycorrect
    • BPunitive amounts requested solely to punish the broker
    • CAny unrelated business loss suffered by the claimant
    • DEvery emotional distress claim without financial loss

    Why: KRS 324.420(7) limits recovery fund compensation to actual financial harm specifically and directly related to the property.

    Practice of real estate

  8. 8. A Kentucky transaction fails instead of closing. How long must its confidential transaction records be retained?

    • A10 years after the failure
    • B1 year after the failure
    • C3 years after the failure
    • D5 years after the failurecorrect

    Why: 201 KAR 11:121 requires retention for 5 years after consummation or failure. A failed transaction still generates records that must be kept.

    Practice of real estate

  9. 9. A Kentucky purchase offer uses an escalation clause. What must that clause include?

    • AA maximum purchase pricecorrect
    • BAn automatic extension of every deadline
    • CA waiver of agency disclosure
    • DA promise that no inspection will occur

    Why: A purchase offer must state a price or a valid escalation clause with a maximum price. An unlimited escalation does not satisfy that requirement.

    Contracts

  10. 10. At Kentucky licensure and renewal, what escrow-related authorization must a principal broker provide?

    • AA waiver of all bank records
    • BPermission for clients to withdraw office funds
    • CAuthorization limited to accounts with overdrafts
    • DAuthorization for commission audits of all escrow accountscorrect

    Why: KRS 324.111 requires audit authorization for all escrow accounts. It is not limited to accounts already suspected of a shortage.

    Practice of real estate