According to the requirements, what must an auction listing contract include if the seller is married?

In Kentucky, if a seller is married, the auction listing contract must include a marital rights release. This requirement ensures that both spouses are aware of and consent to the sale of the property being auctioned. Including a marital rights release protects the interests of both parties and mitigates potential disputes that could arise later, particularly concerning property rights.

When a property is owned by a married individual, the law generally recognizes the spouse's interest in that property. By incorporating a marital rights release into the auction listing contract, it formalizes the understanding that the listing and subsequent sale have the necessary consent from both partners in the marriage, thus safeguarding the auction house against future claims or challenges. This is an essential component to ensure compliance with Kentucky's property laws and to uphold the integrity of the auction process.

The other options, such as witness statements, sales tax information, and a separate agreement, may be relevant in different contexts but do not specifically address the legal implications of selling property owned by a married individual. Therefore, the marital rights release is a crucial element when dealing with auction listings involving married sellers.