KRS 324.046: Requirements for initial licensure.

(1) Every applicant for initial licensure as a broker shall have:

(a) Successfully completed not less than twenty-one (21) academic credit hours or

the equivalent from an accredited institution or approved real estate school.

Twelve (12) hours shall be in real estate courses, three (3) hours of which

shall be a course in broker management skills. The commission shall, by

promulgation of administrative regulations, determine the required course

content of broker management skills courses; and

(b) Been engaged in the real estate business as a sales associate averaging at least

twenty (20) hours per week for a period of twenty -four (24) months prior to

application.

(2) Every applicant for initial licensure as a sales associate shall have successfully

completed six (6) academic credit hours or their equivalent in real estate courses

from an accredited institution or approved real estate school.

(3) Proof of the academic credit hours shall be an official transcript from the attended

university or other documentation s atisfactory to the commission. Proof of the

requisite experience as a sales associate shall be either a sworn notarized statement

signed by the principal broker or principal brokers or other documentation

satisfactory to the commission. The applicant may f ile a complaint with the

commission if the principal broker unjustly refuses to sign the statement.

(4) The commission may reduce the two (2) year experience requirement for applicants

for a broker's license to one (1) year, if the applicant has an associa te degree in real

estate or a baccalaureate degree with a major or minor in real estate.

(5) Persons licensed under the real estate laws of this state prior to June 19, 1976 shall

not be subject to any educational changes in this chapter or subject to any

continuing education requirements.