KRS 367.480: Administrative regulations.

The Attorney General shall promulgate administrative regulations which will ensure an

adequate disclosure to the purchaser of recreational and retirement use land the probable

costs of any necessary maintenance of improvements of such land which may accrue in

the future, or lease, mortgage, and similar financial payments, including but not limited to

the costs of taxes, assessments, belonging to an association, costs of inflation, and repairs

or improvements. Such disclosure shall be made both orally and i n writing prior to the

sale of such land.