There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 391 DESCENT AND DISTRIBUTION
391.235 Purchaser for value or lender.
Download pdfapplies, a purchaser for value or a lender taking a security interest in the property takes
his interest in the property free of any rights of the personal representative or an heir or
devisee of the decedent. If a personal representative or an heir or devisee of the decedent
has apparent title to property to which KRS 391.210 to 391.260 applies, a purchaser for
value or a lender taking a security interest in the property takes his interest in the property
free of any rights of the surviving spouse. A purchaser for value or a lender need not
inquire whether a vendor or borrower acted properly. The proceeds of a sale or creation of
a security interest shall be treated in the same manner as the property transferred to the
purchaser for value or a lender. History: Created 1974 Ky. Acts ch. 328, sec. 1(6).
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