{"data":{"id":"us-ky/krs-381.221","jurisdiction":"us-ky","citation":"KRS 381.221","heading":"Termination and preservation of forfeiture restrictions created before July","body":"1, 1960.\n(1) Every possibility of reverter and right of entry created prior to July 1, 1960, shall\ncease to be valid or enforceable at the expiration of thirty (30) years afte r the\neffective date of the instrument creating it, unless before July 1, 1965, a declaration\nof intention to preserve it is filed for record with the county clerk of the county in\nwhich the real property is located.\n(2) The declaration shall be entitled \"Declaration of Intention to Preserve Restrictions\non the Use of Land,\" and shall set forth:\n(a) The name of the record owner or owners of the fee in the land against whom\nthe possibility of reverter or right of entry is intended to be preserved;\n(b) The names and addresses of the persons intending to preserve the possibility\nof reverter or right of entry;\n(c) A description of the land;\n(d) The terms of the restriction;\n(e) A reference to the instrument creating the possibility of reverter or right of\nentry and to the place where such instrument is recorded. The declaration shall\nbe signed by each person named therein as intending to preserve the\npossibility of reverter or right of entry and shall be acknowledged or proved in\nthe manner required to enti tle a conveyance of real property to be recorded.\nThe county clerk shall record the declaration in the record of deeds and shall\nindex it in the general index of deeds in the same manner as if the record\nowner or owners of the land were the grantor or gran tors and the persons\nintending to preserve the possibility of reverter or right of entry were the\ngrantees in a deed of conveyance. For indexing and recording the clerk shall\nreceive the same fees as are allowed for indexing and recording deeds.","path":["KRS Chapter 381"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=35421","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:10Z","sha256":"0073a6c93e742424909caad6be54215a1bea25ca828208027bb9a2d0e3fe407c","source_id":"us-ky","stale":false,"prev":"us-ky/krs-381.220","next":"us-ky/krs-381.222"},"notice":"GroundRules: Original legal text. Not legal advice."}