Kentucky HB300 regulates contractors providing real estate services, including licensing, insurance, and contract terms.
Kentucky HB300 establishes regulations for contractors providing real estate services. It mandates that contractors obtain a license from the Department of Insurance and meet specific criteria, including passing an examination, having insurance, and complying with workers' compensation and unemployment insurance laws. The bill outlines prohibited practices, such as causing damage to increase service scope or offering insurance rebates as inducements. It also details the terms of real estate contracts, including a five-day cancellation period for consumers.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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