{"data":{"id":"us-ky/krs-140.350","jurisdiction":"us-ky","citation":"KRS 140.350","heading":"Issuance of tax waivers -- Liens -- Procedure.","body":"At such time as the Department of Revenue accepts the agricultural or horticultural\nvalue on qualified real estate comprising a portion of a decedent's estate and issues tax\nwaivers thereon, it shall cause to be filed in the office of the county clerk of t he county\nwhere the real estate or the greater portion thereof is located, on a form prescribed by the\nDepartment of Revenue, a lien which on its face shall expire in five (5) years and the lien\nshall secure the payment of any additional tax which may beco me due as the result of the\nqualified real estate being sold to others than qualified persons or the qualified real estate\nbeing converted to other than a qualified use.\nIf additional taxes are due as the result of the real estate being transferred to oth er\nthan a qualified person or its use is converted to other than agricultural or horticultural\nuse, and the additional tax is not paid after assessment of the tax, within the time\nprescribed by the regulations of the Department of Revenue, then the Departm ent of\nRevenue may proceed to enforce the lien in accordance with law.","path":["KRS Chapter 140"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29020","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:33Z","sha256":"ab3828e4e1a8fcdc3860f8c2113ebf554221d9c730934f9bc66b3124afb2a5ef","source_id":"us-ky","stale":false,"prev":"us-ky/krs-140.340","next":"us-ky/krs-140.360"},"notice":"GroundRules: Original legal text. Not legal advice."}