Real Estate License Course: A course that prepares individuals for the real estate licensing exam. Real Estate License Course: A pre-licensing course that covers the topics required for the real estate licensing exam. Real Estate License Course - Complete a course of study to meet the educational requirements for obtaining a real estate license. Kentucky REALTOR® Institute 96 hour online program consists of four parts: Part A, Part B, Course Project and Final Exam. The program is approved by the Kentucky Real Estate Commission (KREC). Part A, Part B and the Course Project is completed online.