{"data":{"id":"us-ky/krs-381.9109","jurisdiction":"us-ky","citation":"KRS 381.9109","heading":"Separate assessments, titles, and taxation.","body":"(1) If there is any unit owner other than a declarant, each unit that has been created,\ntogether with its interest in the common elements, constitutes for all purposes a\nseparate parcel of real estate.\n(2) If there is any unit owner other than a declarant, eac h unit shall be separately taxed\nand assessed, and no separate tax or assessment may be rendered against any\ncommon elements for which a declarant has reserved no development rights.\n(3) Any portion of the common elements for which the declarant has reserv ed any\ndevelopment right shall be separately taxed and assessed against the declarant, and\nthe declarant alone is liable for payment of those taxes.\n(4) If there is no unit owner other than a declarant, the real estate comprising the\ncondominium may be taxed and assessed in any manner provided by law.\n(5) A residential unit of a condominium may be a homestead as allowed in KRS\nChapters 132 and 427.","path":["KRS Chapter 381"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=36822","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:11Z","sha256":"137f3b05fe0ea36a6b26fecbc49d447c5fe2ed5db9107462ed4285a40d8536bf","source_id":"us-ky","stale":false,"prev":"us-ky/krs-381.9107","next":"us-ky/krs-381.9111"},"notice":"GroundRules: Original legal text. Not legal advice."}