Last Action | 02/07/25: to Judiciary (H) |
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Title | AN ACT relating to the purchase of single-family homes. |
Bill Documents | Introduced |
Bill Request Number | 103 |
Sponsors | A. Moore, A. Camuel |
Summary of Original Version | Create new sections of KRS Chapter 367 to define terms; prohibit persons who own 50 or more single-family rental homes in qualifying counties from purchasing additional single-family homes in qualifying counties except for use by the person as a residence; limit the purchase restriction to single-family homes that have been advertised for sale for less than 90 days or less than 30 days if the purchaser qualifies as a small business; provide that a violation is also a violation of KRS 367.170; provide for joinder of certain parties with joint and several liability in enforcement actions. |
Index Headings of Original Version |
Housing, Building, and Construction - Single-family home, business entities, restrictions on purchase Real Estate - Single-family home, business entities, restrictions on purchase Attorney General - Single-family home, business entities, restrictions on purchase, enforcement Commerce - Single-family home, business entities, restrictions on purchase Consumer Affairs - Single-family home, business entities, restrictions on purchase Contracts - Single-family home, business entities, restrictions on purchase Landlord and Tenant - Single-family home, business entities, restrictions on purchase |
02/04/25 |
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02/07/25 |
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Last updated: 2/7/2025 3:52 PM (EST)