HB256
Log in to followAN ACT relating to marketable title.
Create new sections of KRS Chapter 381 to define terms; establish what constitutes an unbroken chain of title; establish the interests and rights to which a marketable title is subject; include the procedure for preserving an interest in land; delineate protected interests; establish that the provisions are to be liberally construed.
Introduced: February 4, 2025
Last action: February 26, 2025
Plain-language summary
This bill creates new rules in Kentucky law defining what makes a property's ownership history legally clear and sellable. It sets out how an unbroken chain of title is established, which older claims or interests can still affect a property, and how a person can take steps to preserve their interest in land. These rules are meant to help resolve disputes and provide clearer standards when buying, selling, or transferring real estate. Who it may affect: property owners, homebuyers, real estate attorneys, and anyone with a recorded interest in Kentucky land.
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Legislative History
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