RELATES TO: KRS 2.013, 324.010, 324.040, 324.045(1), (2), (3), 324.046
STATUTORY AUTHORITY: KRS 324.281(5), 324.282
NECESSITY, FUNCTION, AND CONFORMITY: KRS 324.282 authorizes the Real Estate Commission to promulgate administrative regulations necessary to carry out and enforce the provisions of KRS Chapter 324. This administrative regulation establishes standards relative to education and licensure application requirements.
Section 1. In lieu of proof of high school graduation or a GED diploma, an applicant may submit an official transcript from a United States institution or from an institution outside of the United States, which indicates successful post-secondary completion of:
(1) A degree program; or
(2)Twenty-eight (28) academic semester hours or the equivalent.
Section 2. (1) If an applicant submits documentation of qualifying education in a language other than English, the diploma or transcript shall:
(a) Be accurately translated; and
(b) Include a certification stating that the translation is true, accurate, and complete.
(2) The applicant shall provide a letter to the commission indicating that the curriculum of the proffered education is equivalent to a high school diploma or GED. The comparison shall be made by an education credential service provider with membership in the National Association of Credential Evaluation Services.
(3) If the applicant is unable to comply with the requirements of this section, the applicant shall submit proof of the receipt of a GED granted by an agency or institution within the United States.
Section 3. An applicant who successfully passes the real estate examination shall apply for a license within sixty (60) days after the examination. A candidate who fails to apply for a license within this period shall be reexamined. (13 Ky.R. 1517; eff. 3-6-1987; Am. 17 Ky.R. 2217; 2692; eff. 3-8-1991; 27 Ky.R. 1515; 2711; eff. 4-9-2001; 34 Ky.R. 836; 1939; eff. 3-7-2008; 42 Ky.R. 468; 1469; eff. 12-4-2015.)