26RS SB 288

Actions

Last Action	02/27/26: to Committee on Committees (S)
Title	AN ACT relating to the rights of tenants.
Bill Documents	Introduced
Fiscal Impact Statement	Local Mandate
Bill Request Number	2281
Sponsor	G. Neal
Summary of Original Version	Create a new section of KRS Chapter 383 to define terms; state that a tenant has a right of first refusal to purchase a rental property from the owner of the property; require the owner to notify a tenant prior to listing a rental property for sale or accepting an offer on the property; establish timelines for a tenant to exercise the right of first refusal; specify circumstances under which a tenant's right of first refusal may be waived; establish penalty for violation.
Index Headings of Original Version	Landlord And Tenant - Tenant, right of first refusal to purchase, penalties establishment Local Government - Rental of property, tenant, right of first refusal, ordinances, preemption Property - Tenant, right of first refusal to purchase, establishment Real Estate - Tenant, right of first refusal to purchase, penalties establishment Local Mandate - Rental of property, tenant, right of first refusal, ordinances, preemption