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Kentucky · Snapshot 09/05/2026

KRS 367.620: Definitions for KRS 367.620 to 367.628.

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  1. KRS Chapter 367

As used in KRS 367.620 to 367.628:

(1) "Contractor":

(a) Means a person that engages in the business of contracting, providing, or

offering to contract or provide, goods or services relating to real estate; and

(b) Includes any person that directly or indirectly solicits or offers a real estate

goods or services contract;

(2) "Goods or services relating to real estate":

(a) Except as provided in paragraph (c) of this subsection, means goods, services,

or goods and services relating to real estate;

(b) Includes any:

1. Repair, replacement, construction, reconstruc tion, or improvement of

real estate; and

2. Tree or debris removal; and

(c) Does not include:

1. Investigating, negotiating, or effecting the settlement of an insurance

claim; or

2. Otherwise adjusting losses or damages covered by an insurance policy;

(3) "Insured" means a person that is entitled, or may be entitled, to receive benefits or

payments under a property, casualty, or property and casualty insurance policy;

(4) "Person" has the same meaning as in KRS 367.110;

(5) "Real estate":

(a) Means any parcel of real estate located in this state that is used for any

purpose; and

(b) Includes:

1. Residential real estate; and

2. Commercial real estate; and

(6) "Real estate goods or services contract" means a contract for the provision of goods

or services relating to real estate, where the goods or services are expected to be

paid from property, casualty, or property and casualty insurance proceeds.

Collected 2026-09-05T20:59:04Z. Source file · JSON

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