Kentucky licensees are required to provide disclosure to prospective clients before receiving any confidential information and before agreeing to represent the party in a real estate transaction. The licensee must complete one (1) of the following forms (the form selected by the licensee will be dependant on company policy):^[1]

• Consumer Guide To Agency Relationships (For Companies That Allow Only Dual Agency Model Policy)
• Consumer Guide To Agency Relationships (For Companies That Allow Designated Agency & Dual Agency Model Policy)

According to 201 KAR 11:121 – Section 6, when a buyer makes an offer to purchase, and that offer is reviewed by the seller, the client of the licensee must sign either an Agency Disclosure Statement for Seller or an Agency Disclosure Statement for Buyer (whichever applies).

Legal in Kentucky. The agent will need to acknowledge dual agency by selecting the first box in Section III of the Agency Disclosure Statement (available above).^[2]

Property sellers will need to complete a disclosure and make it available to buyers after creating a listing agreement or similar document. The disclosure provides prospective buyers with a report on the material condition of the seller’s property.^[3]

Verify the license of a Kentucky real estate agent.