2006 Kentucky Revised Statutes - .270   Instruments not valid against purchasers or creditors unless acknowledged or proved -- Exemption for instruments lodged for record prior to July 12, 2006.

382.270 Instruments not valid against purchasers or creditors unless acknowledged or proved -- Exemption for instruments lodged for record prior to July 12, 2006. No deed or deed of trust or mortgage conveying a legal or equitable title to real property shall be lodged for record and, thus, valid against a purchaser for a valuable consideration, without notice thereof, or against creditors, until such deed or mortgage is acknowledged or proved according to law. However, if a deed or deed of trust or mortgage conveying a legal or equitable title to real property is not so acknowledged or proved according to law, but is or has been, prior to July 12, 2006, otherwise lodged for record, such deed or deed of trust or mortgage conveying a legal or equitable title to real property or creating a mortgage lien on real property shall be deemed to be validly lodged for record for purposes of KRS Chapter 382, and all interested parties shall be on constructive notice of the contents thereof. As used in this section "creditors" includes all creditors irrespective of whether or not they have acquired a lien by legal or equitable proceedings or by voluntary conveyance. Effective: July 12, 2006 History: Amended 2006 Ky. Acts ch. 183, sec. 16, effective July 12, 2006. -- Amended 1962 Ky. Acts ch. 83, sec. 16. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 496.