What fee does a licensee owe to the Kentucky Real Estate Commission when transferring brokers?

When a licensee transfers from one broker to another in Kentucky, they are required to pay a fee to the Kentucky Real Estate Commission. This fee is established to facilitate the processing of the transfer and maintain the records associated with the licensee. The amount for this transfer is set at $10.00. This fee contributes to the operational effectiveness of the commission as they manage and regulate real estate practices within the state. Understanding the fee structure is important for licensees to ensure compliance and to budget accordingly when making changes to their broker affiliations.