{"data":{"id":"us-ky/krs-99.800","jurisdiction":"us-ky","citation":"KRS 99.800","heading":"Hearing -- Conditions for eligibility of conservatorship.","body":"(1) The court shall act upon a petition filed by holding a hearing. A party in interest\nmay be heard with respect to the petition, the requested relief, or any other matter\nwhich may come before the court in reference to the proceeding. Any party in\ninterest s hall be permitted to present evidence to support or contest the petition,\nincluding but not limited to the schedule of encumbrances.\n(2) The court may appoint a competent entity as conservator if it finds all of the\nfollowing apply as of the date of filing the petition:\n(a) The building has not been legally occupied for at least the previous twelve\n(12) months;\n(b) The owner fails to present sufficient evidence that the property was actively\nmarketed during the preceding sixty (60) day period;\n(c) The property is not subject to a pending foreclosure action by an individual or\nnongovernmental entity;\n(d) The property is not subject to an outstanding mortgage held by a bank or other\ncreditor with a recorded security interest in the property, unless waived by t he\nbank or other creditor;\n(e) The owner fails to present sufficient evidence the property was acquired by\nthe owner within the preceding six (6) months. The evidence shall not include\ninstances where the prior owner is a member of the immediate family of the\ncurrent owner, unless the transfer of title results from the death of the prior\nowner; and\n(f) The court finds at least three (3) of the conditions meeting the definition of\nabandoned and blighted property in KRS 99.785 have been established.","path":["KRS Chapter 99"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=51834","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:02Z","sha256":"174eb2d0da901d12b0b182d6b9e2b6a127e9c8572ac62abbb09b87ad8aa499b7","source_id":"us-ky","stale":false,"prev":"us-ky/krs-99.795","next":"us-ky/krs-99.805"},"notice":"GroundRules: Original legal text. Not legal advice."}