Kentucky Statutes 395.360 – Apportionment of rents
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When a person who has a freehold or an uncertain interest in land rents out the land and dies before the rent becomes due, the rent of the land shall be apportioned between the personal representatives of the deceased and the person who succeeds to the land as heir, personal representative, devisee or person in reversion or remainder, unless, in the case of a devisee, the will otherwise directs.
Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 3865.
Effective: October 1, 1942
Terms Used In Kentucky Statutes 395.360
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 3865.