Contact Us
Subscribe to this blog via RSS
Join us on LinkedInCategories
- Kentucky Consumer Protection Act
- Judgment creditors
- Fractional Investment
- Section 1031 transactions
- Investment
- U.S. Supreme Court
- Arbitration
- Breach
- Closing
- Closing Disclosure
- Good Faith Estimate
- HUD-1 Settlement Statement
- Kentucky minimum wage
- Lenders
- Minimum wage
- Truth in Lending Act
- “Know Before You Owe”
- Condemnation
- Dodd-Frank Act
- Home Equity Conversion Mortgages (HECMs)
- Mortgage
- Real Estate Law
- Reverse mortgages
- Zoning Regulations
- Affordable Housing
- Commercial Real Estate
- Economic Development
- Homeowners Association
- Land Use Law
- Landlord
- Lease
- Planning and Zoning
- Property Titling
- Purchase Contract
- Rescission
- Same-Sex Couples
- Tenant
- URLTA
- Agritourism
- Condominium
- Deed
- Drones
- Horizontal Property Law
- Kentucky Condominium Act
- Land Surveys
- LBAR
- National Association of Realtors (NAR)
- Overlay Zoning
- Plat
- Property Lines
- Property Survey
- Real Estate Agents
- Rural Areas
- Steenrod v. Louisville Yacht Club Association
- Trulia
- Uncategorized
- Zillow
- Benningfield v. Zinmeister
- Boards of Adjustment
- Building Inspection
- Co-Signing
- Code Enforcement
- Commercial Lease
- Conditional uses
- Consumer Financial Protection Bureau (“CFPB”)
- Credit Report
- Credit Score
- Deeds
- Dog owners
- Emergency Preparedness
- Emotional Support Animals
- ESIGN
- Exclusive Use Clause
- Federal Housing Administration (FHA)
- FICO
- Homebuyers
- Inspection
- Insurance Companies
- Insured
- KRS 383.500
- KRS §258.235(4)
- KRS §383.580
- Loans
- Multi-unit properties
- Natural Disasters
- Occupancy Fraud
- Screening
- Security Deposit
- Servicers
- The Loan Estimate form
- Title Insurance Policies
- Truth in Lending Statement
- U.S. Department of Housing and Urban Development
- Variances
- Zoning Ordinance Text Amendment
- "Right-of-Way Agents"
- Bluegrass Pipeline
- Boilerplate Language
- Conservation Easement
- Easement
- Eminent Domain
- General Forms
- Kentucky landowners
- Power of Attorney ("POA")
Showing 2 posts from 2023.
New Changes to Kentucky’s Judgment Lien Statute Ends Perpetual Lien Renewal and Imposes New Obligations on Judgment Creditors
In the 2023 regular legislative session, the Kentucky General Assembly passed House Bill No. 83 to revise KRS § 426.720, Kentucky’s judgment lien statute. The bill was signed into law by Governor Beshear on April 6, 2023, and is effective on June 29, 2023. Three (3) major revisions mark the most significant change to the judgment lien statute since its enactment in 1988. First, under the new law, the initial limitations period for judgment liens is reduced from fifteen (15) to ten (10) years. Second, the law limits a judgment creditor’s ability to renew the lien to a single, five (5) year period beyond the initial ten (10) year limitations period. Third, to preserve the lien through a lien enforcement action that remains pending after the limitations period expires, judgment lien creditors must lodge for record a “notice of judgment lien enforcement proceeding” in the county where the notice of judgment lien is recorded. The purpose of this note is to provide a detailed overview of the changes to the judgment lien statute, including new content requirements for all judgment lien notices recorded on or after June 29, 2023, and the major revisions summarized above. More >
How Does Hensley v. Gadd Affect Your Kentucky Short-Term Rental Business?
In Hensley v. Gadd, 560 S.W.3d 516 (2018), the Kentucky Supreme Court found that use of real estate as a short-term rental through a platform such as Airbnb or VRBO is “commercial” and not “residential” in nature and barred the property owner’s short-term rental business. The case therefore has important implications for real estate professionals of all stripes – including real estate brokers, real estate agents, investors, and property managers – with any short-term rental business in Kentucky. More >
