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KENTUCKY REAL ESTATE COM'N v. MILGROM

Nos. 2004-CA-001513-MR, 2004-CA-001540-MR.

197 S.W.3d 552 (2005)

KENTUCKY REAL ESTATE COMMISSION and David L. Jones, Appellants, v. Aaron MILGROM, Appellee, and David L. Jones and Kentucky Real Estate Commission, Appellants, v. Aaron Milgrom, Appellee.

Court of Appeals of Kentucky.

Discretionary Review Denied by Supreme Court August 17, 2006.

Attorney(s) appearing for the Case

Geraldine Lee B. Harris, Louisville, KY, for appellant Kentucky Real Estate Commission.

Richard E. Vimont, Lexington, KY, for appellant David L. Jones.

John B. Park, Lexington, KY, for appellee.

Before MINTON, SCHRODER, and TAYLOR, Judges.

OPINION

SCHRODER, Judge.

These are two appeals from an opinion and order reversing a decision of the Kentucky Real Estate Commission ("KREC") disciplining a broker licensee/buyer for failing to set up and retain certain funds in an escrow account and for misrepresenting that he had a line of credit and was holding the funds in an escrow account. The circuit court held that the KREC did not have the statutory authority to discipline the licensee/buyer...

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