According to the Kentucky Real Estate Commission (in Kentucky Real Estate Professionals and the Law, KREC, 2004), "a real estate license is not needed to transfer businesses and their assets, unless real estate is one of the assets to be exchanged at closing. If real estate is involved, that part of the transaction is required to be handled by a licensed real estate professional."
Unfortunately, most Kentucky business intermediaries do not have a real estate license and thus their involvement in a real estate transfer as part of the business sale transaction is technically barred.
Why take the chance?
The Business Exchange, however, is one of the few "full service" business brokerage intermediaries in Kentucky.
The principal of the firm, Jim Harley, is a licensed Kentucky real estate broker (Kentucky license #62633) and is fully equipped - and legally able - to handle all of your real estate asset transfer needs.
Click here to ask about real estate transactions.
The principal of the firm, Jim Harley, is a licensed Kentucky real estate broker (Kentucky license #62633) and is fully equipped - and legally able - to handle all of your real estate asset transfer needs.
Click here to ask about real estate transactions.