Kentucky Statutes 383.575 – Separation of rents and obligations
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A rental agreement, assignment, conveyance, trust deed, or security instrument may not permit the receipt of rent free of the obligation to comply with KRS § 383.595(1).
Effective: July 13, 1984
History: Repealed and reenacted 1984 Ky. Acts ch. 176, sec. 15, effective July 13,
1984. — Created 1974 Ky. Acts ch. 378, sec. 16.
Effective: July 13, 1984
Terms Used In Kentucky Statutes 383.575
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
History: Repealed and reenacted 1984 Ky. Acts ch. 176, sec. 15, effective July 13,
1984. — Created 1974 Ky. Acts ch. 378, sec. 16.