Senate Bill 54

Last Action 01/03/24: to Appropriations & Revenue (S)
Title AN ACT relating to heirs property and making an appropriation therefor.
Bill Documents Introduced
Fiscal Impact Statement Local Mandate
Bill Request Number 293
Sponsor R. Thomas
Summary of Original Version Create new sections of KRS Chapter 381 to enact the Uniform Partition of Heirs Property Act; define terms, including "heirs property"; create a mechanism for partition or sale among cotenants by the court; create requirements for notice and determination of value through agreement or appraisal; create protocol for buyouts, partition alternatives, partition in kind, sale by open market, sealed bids, or auction; create the heirs property research fund; amend KRS 324B.050 to authorize the Kentucky Real Estate Authority to promulgate administrative regulations to issue grants from the fund; amend KRS 64.012 to increase the recording and indexing fee collected by county clerks by $1 and to direct those additional fees to the heirs property research fund; amend KRS 381.135 and 389A.030 to conform; APPROPRIATION.
Index Headings of Original Version County Clerks - Heirs property research fund, fee increase
Deeds and Conveyances - Heirs property, partition
Fees - Heirs property research fund, county clerk fee increase, recording and indexing
Property - Heirs property, partition
Real Estate - Heirs property, partition
Uniform Laws - Uniform Partition of Heirs Property Act
Administrative Regulations and Proceedings - Kentucky Real Estate Authority, heirs property research fund
Appropriations - Heirs property research fund, creation
Civil Actions - Heirs property, partition
Civil Procedure - Heirs property, partition
Short Titles and Popular Names - Uniform Partition of Heirs Property Act
Local Mandate - Heirs property, partition


  • introduced in Senate
  • to Committee on Committees (S)
  • to Appropriations & Revenue (S)

Last updated: 5/7/2024 1:36 PM (EDT)