{"data":{"id":"us-ky/krs-107.430","jurisdiction":"us-ky","citation":"KRS 107.430","heading":"Lease options.","body":"Any such lease may provide that the lessee may have an option to renew said lease for a\nlike or lesser term, on such conditions as may be provided for in such lease and may\ncontain an option to purchase at any time prior to the expiration of the term of su ch lease\non such date or dates in any year as may be fixed therein, at a price to be computed by a\nmethod which shall be set forth in said contract of lease, and such option may be given to\none or more of the lessees acting jointly or severally. No lease s hall provide, nor be\nconstrued to provide, that any governmental unit shall be under any obligation to\npurchase such leased building.","path":["KRS Chapter 107"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=27188","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:10Z","sha256":"66871d02bb26d92fcf61b3632e1227ac719b9dce02c1ab1d5242137af7304950","source_id":"us-ky","stale":false,"prev":"us-ky/krs-107.420","next":"us-ky/krs-107.440"},"notice":"GroundRules: Original legal text. Not legal advice."}
