{"data":{"id":"us-ky/krs-382.794","jurisdiction":"us-ky","citation":"KRS 382.794","heading":"Private transfer fee obligations prohibited -- Liability for damages and","body":"costs -- Buyer's waiver of rights void.\nOn and after April 11, 2012:\n(1) Private transfer fee obligations, whether recorded or not, shall be prohibited and any\ncontract, covenant, or other instrument that attempts to create a private transfer fee\nobligation shall be void and unenforceable as against public policy;\n(2) Any person who records or enters into an agreement imposing a private transfer fee\nobligation in that person's favor shall be liable for:\n(a) Any and all damages resulting from the imposition of the private transfer fee\nobligation on the transfer of an interest in the real property, including but not\nlimited to the amount of any transfer fee paid by a party to the transfer; and\n(b) All attorneys fees, expenses, and costs incurred by a party to the transfer or\nmortgagee of the real property to recover any private transfer fee paid or in\nconnection with an action to quiet title.\nWhere an agent acts on behalf of a princi pal to record or secure a private transfer\nfee obligation, liability shall be assessed against the principal rather than the agent;\nand\n(3) Any provision in a contract, covenant, or other instrument that purports to waive the\nrights of a buyer under this section shall be void.","path":["KRS Chapter 382"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40067","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:13Z","sha256":"9a49477c8d83f22a62cb46c516557229043b987ca7b7844d3b6caa06babc17da","source_id":"us-ky","stale":false,"prev":"us-ky/krs-382.792","next":"us-ky/krs-382.796"},"notice":"GroundRules: Original legal text. Not legal advice."}