What is true about a non-resident broker practicing real estate in Kentucky?

In Kentucky, a non-resident broker is not required to maintain a physical place of business within the state. This is significant because it allows brokers who operate primarily in other states to engage in real estate transactions in Kentucky without the added burden of establishing a local office. The rules governing non-resident brokers focus on the requirement for appropriate licensure and compliance with Kentucky's real estate laws, rather than imposing the requirement of a physical presence in the state.

The absence of a requirement for a physical office streamlines the process for out-of-state brokers and facilitates interstate transactions while ensuring they adhere to Kentucky's regulations. Hence, the answer accurately reflects the conditions under which non-resident brokers can function in Kentucky.