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Updated about 2 years ago on .

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Rachel Harrington
  • New to Real Estate
  • lexington KY
0
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Tenants in Common - Real Estate Licensee Exception

Rachel Harrington
  • New to Real Estate
  • lexington KY
Posted

Per the item below, does this mean that a real estate agent or anybody who has an ownership interest in a piece of real estate, can market a co-owned property without a listing agreement or the consent of the other owners since their actions would fall under the owner exception in KRS 324.030(1)??

(1) Any person who as owner or lessor performs any of the acts defined in KRS
324.010 with reference to property owned or leased by him or to his regular
employees, with respect to the property so owned or leased, if the acts are
performed in the regular course of, or as an incident to, the management of the
property and the investment in it