Last Action | 02/26/24: to Committee on Committees (H) |
---|---|
Title | AN ACT relating to real property. |
Bill Documents | Introduced |
Bill Request Number | 1502 |
Sponsor | R. Bridges |
Summary of Original Version | Amend KRS 371.160 to provide that the requirement that the retained amount held back by an owner for improvement of real estate in any contract in the amount of $500,000 or more be deposited into a separate escrow account shall be mandatory and shall not waived by contract. |
Index Headings of Original Version |
Housing, Building, and Construction - Real estate improvements, retained amount, escrow account Labor and Industry - Real estate improvements, retained amount, escrow account Real Estate - Real estate improvements, retained amount, escrow account Contracts - Real estate improvements, retained amount, escrow account |
02/26/24 |
|
---|
Last updated: 9/26/2024 1:37 PM (EDT)