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Showing 1 post tagged Uniform Commercial Code Article 9.
Kentucky Legislature Tweaks "Full Name" Requirement on Deeds Yet Again
For the third year in a row, the Kentucky legislature has tweaked KRS 382.135, once more revising the “full name” requirement on a deed.
Prior to 2016, KRS 382.135 did not explicitly require a name on a deed for real property. The Kentucky legislature changed KRS 382.135(1) to include that a deed must contain “the full name of the grantor and grantee” of the property. Here, the problem is that the legislature failed to define “full name” for individuals or businesses, which caused confusion for both. Kentucky’s Attorney General subsequently produced an opinion, OAG 16-006, that the “full name” of an individual means, at minimum, that individual’s surname and “some combination of a personal name or initials.” The AG completely sidestepped the issue of business names, and this opinion on individual names isn’t binding in Kentucky courts anyway. More >
