{"data":{"id":"us-ky/krs-367.477","jurisdiction":"us-ky","citation":"KRS 367.477","heading":"Statement of buyer's rights.","body":"(1) In the sale of any interest subject to KRS 367.472, 367.474, 367.4774, 367.4776,\n367.4778, 367.484, 367.993, and this section, the subdivider shall present to the\nbuyer and obtain his signature to a written agreement or offer to purchase which\ndesignates as the date of the transaction the date on which the buyer actually signs\nand contains a statement of the buyer's rights which complies with subsection (2) of\nthis section.\n(2) The statement shall:\n(a) Appear under the conspicuous caption:  \"BUYER'S RIGHT TO CANCEL,\" in\nbold-face type of a minimum size of fourteen (14) points; and\n(b) Read as follows:  \"If you decide you do not want this interest you may cancel\nthis agreement by mailing a notice to the seller. The notice must say that you\ndo not want the int erest and must be mailed before midnight of the fifth\nbusiness day after you sign this agreement. The notice must be mailed to:\n........................................................................................................\n........................................................................................................\"\n(3) A copy of the written agreement or offer to purchase containing the notice of right\nto cancel shall be given to the buyer on the date the buyer signs.\n(4) Until the se ller has complied with this section, the buyer may cancel the sale by\nnotifying the seller in any manner and by any means of his intention to cancel.","path":["KRS Chapter 367"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=34991","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:04Z","sha256":"3b94ae01090f15887c2a8464fc3ece0b0909829a4db176e19f5ddf50dcd85908","source_id":"us-ky","stale":false,"prev":"us-ky/krs-367.476","next":"us-ky/krs-367.4771"},"notice":"GroundRules: Original legal text. Not legal advice."}