Ky. Rev. Stat. § 324.990

Current through 2024 Ky. Acts ch. 225
Section 324.990 - Engaging in real estate brokerage without license - Penalties
(1) Any person engaging in real estate brokerage without a license shall be guilty of a Class A misdemeanor for a first offense and a Class D felony for any subsequent offenses. A person who engages in real estate brokerage without a license due to failure to renew a previously valid Kentucky license shall not be subject to this penalty if the person is entitled to and does avail himself of the remedial provisions of KRS 324.090(3).
(2) In addition to the penalties set out in this chapter, a Circuit Court may impose an additional penalty on any person who violates any provision of this chapter by fining them not less than one hundred dollars ($100) nor more than one thousand dollars ($1,000) or imprisoning them for a term not to exceed six (6) months, or both. Upon conviction, in addition to the aforesaid fine, there shall be added to the fine the amount of any real estate brokerage commission paid or received as a result of the violation or violations in question. Each transaction shall be regarded as a separate offense and shall be punished as such.

KRS 324.990

Effective:7/13/2004
Amended 2004, Ky. Acts ch. 45, sec. 10, effective7/13/2004. -- Amended 1978 Ky. Acts ch. 172, sec. 12, effective 6/17/1978; and ch. 316, sec. 10, effective 6/17/1978. -- Amended 1960 Ky. Acts ch. 215, sec. 6, effective 6/16/1960. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. sec. 3990e-10.