201 KAR 11:090. Instruments prepared by broker; disposition.

 

      RELATES TO: KRS 324.160(4)(r)

      STATUTORY AUTHORITY: KRS 324.281(5), 324.282

      NECESSITY, FUNCTION, AND CONFORMITY: KRS 324.282 authorizes the Real Estate Commission to promulgate administrative regulations to effectively carry out the provisions of KRS Chapter 342. This administrative regulation establishes a broker's requirements for delivery of documents signed by a party.

 

      Section 1. At the time of signing all instruments, a real estate broker shall deliver a copy of all instruments to all parties executing the instruments where the instrument has been prepared by the broker or under his supervision. (KSREC-15 (Rule 12); 1 Ky.R. 597; eff. 4-9-75; Am. 27 Ky.R. 1507; 2708; eff. 4-9-2001.)