Under a Consent Decree entered into between the Commission and the United States Department of Justice in July of 2005, the Commission will no longer enforce the prohibition on inducements and rebates. Please mark out any references to this prohibition in this textbook. Inducements and rebates are now legal in Kentucky, as long as they are disclosed in writing to the client or customer.
Under the ruling in River Oaks v. Brown and the subsequent passage of new commercial law statutes, Kentucky is no longer a "turf state" for commercial transactions. Therefore, please ignore or mark out any reference to Kentucky's former "turf state" law found in this textbook. In the near future, an update will be published that will amend all these sections.
Real Estate License Law Manual
Kentucky Real Estate Professionals and the Law