{"data":{"id":"us-ky/krs-386.472","jurisdiction":"us-ky","citation":"KRS 386.472","heading":"Receipts from rental property.","body":"To the extent that a trustee accounts for receipts from rental property under this section,\nthe trustee shall allocate to income an amount received as rent of real or personal\nproperty, including an amount received for cancellation or renewal of a lease. A n amount\nreceived as a refundable deposit, including a security deposit or a deposit that is applied\nas rent for future periods, shall be added to principal and held subject to the terms of the\nlease and is not available for distribution to a beneficiary u ntil the trustee's contractual\nobligations have been satisfied with respect to that amount.","path":["KRS Chapter 386"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=35928","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:16Z","sha256":"c67547f8b588c65dbec9b0c4e0e388eaee11eff073518207901fb687d699de34","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386.470","next":"us-ky/krs-386.474"},"notice":"GroundRules: Original legal text. Not legal advice."}