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2013 Kentucky Revised Statutes
CHAPTER 427 - EXEMPTIONS
427.060 Homestead and burial plot exemptions -- Exceptions.


KY Rev Stat § 427.060 (2013) What's This?

Download as PDF 427.060 Homestead and burial plot exemptions -- Exceptions. In addition to any exemption of personal property, an individual debtor's aggregate interest, not to exceed five thousand dollars ($5,000) in value, in real or personal property that such debtor or a dependent of such debtor uses as a permanent residence in this state, or in a burial plot for such debtor or a dependent of such debtor is exempt from sale under execution, attachment or judgment, except to foreclose a mortgage given by the owner of a homestead or for purchase money due thereon. This exemption shall not apply if the debt or liability existed prior to the purchase of the property or the erection of the improvements thereon. Effective:April 9, 1980 History: Amended 1980 Ky. Acts ch. 236, sec. 4, effective April 9, 1980. -Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 1702.

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