Who must sign the listing contract and deed if the grantor has a spouse?

Prepare for your Kentucky Auctioneer License Test with comprehensive study guides and quizzes. Explore multiple-choice questions complete with explanations to boost your knowledge and confidence for the exam.

In Kentucky, when a grantor has a spouse, both the grantor and the spouse must sign the listing contract and the deed. This requirement is in place to protect the rights of both spouses when it comes to the ownership of real property. The law generally mandates that spouses have equal rights to property interests, and one spouse cannot unilaterally sell or transfer property without the consent and signature of the other. This ensures that both parties are aware of and agree to the transaction, thereby providing legal protection and clarity regarding the ownership and transfer of the property. By requiring both signatures, the state upholds the principle of marital property rights, which is crucial in preventing disputes and ensuring that all parties have a say in matters involving their shared assets.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy