201 KAR 11:100. Exclusive listing contract; continuation.

 

      RELATES TO: KRS 324.160

      STATUTORY AUTHORITY: KRS Chapter 13A

      NECESSITY, FUNCTION, AND CONFORMITY: To inform and set certain standards for the licensees and to protect the public.

 

      Section 1. No real estate broker shall be a party to an exclusive listing contract which shall contain an automatic continuation of the period of such listing beyond the fixed termination date set forth therein. (KSREC-15 (Rule 14); 1 Ky.R. 598; eff. 4-9-75.)