{"data":{"id":"us-ky/krs-99.250","jurisdiction":"us-ky","citation":"KRS 99.250","heading":"Temporary occupation of real property after acquisition and before","body":"development.\n(1) When title to real property has vested in a redevelopment corporation or city by gift,\ngrant, devise, purchase or otherwise, or in the city by condemnation proceedings or\notherwise, the redevelopment corporation or city, as the case may be, may agree\nwith the previous owners of such property, or any tenants continuing to occupy or\nuse it, or any other persons who may occupy or use or seek to occupy or use such\nproperty, that such former owner, tenant or other person may occupy or use such\nproperty upon the payment of a fixed sum of money for a definite term or upon the\npayment periodically of an agreed sum of money. Such occupation or use shall not\nbe construed as a tenan cy from month to month, nor require the giving of notice by\nthe redevelopment corporation or the city, as the case may be, for the termination of\nsuch occupation or use or the right to such occupation or use, but immediately upon\nthe expiration of the term  for which payment has been made the redevelopment\ncorporation or city, as the case may be, shall be entitled to possession of the real\nproperty and may maintain summary proceedings by forcible detainer or otherwise,\nand shall be entitled to such other rem edy as may be provided by law for obtaining\nimmediate possession thereof. A former owner, tenant or other person occupying or\nusing such property shall not be required to give notice to the redevelopment\ncorporation or city, as the case may be, at the expi ration of the term for which he\nhas made payment for such occupation or use, as a condition to his cessation of\noccupation or use and termination of liability therefor.\n(2) In the event that a city has acquired real property for a redevelopment corporatio n,\nthe city shall, in transferring title to the redevelopment corporation, deduct from the\nconsideration or other moneys which the redevelopment corporation has become\nobligated to pay to the city for such purpose, and credit the redevelopment\ncorporation with, the amounts received by the city as payment for temporary\noccupation and use of the real property by a former owner, tenant, or other person,\nas in this section provided, less the cost and expense incurred by the city for the\nmaintenance and operation of such real property.","path":["KRS Chapter 99"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=26525","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:01Z","sha256":"ef58cddaf1ff42f6935e567b2fc20560c43dc4d336ce74178f4619db6aa91d25","source_id":"us-ky","stale":false,"prev":"us-ky/krs-99.240","next":"us-ky/krs-99.260"},"notice":"GroundRules: Original legal text. Not legal advice."}