Document Updates: Kentucky Security Instruments
In March of this year, KY SB 148 (2015) became law, with an effective date of June 23, 2015. This bill amends KY Rev. Stat. §382.290 to prevent county clerks (or their deputies) from recording mortgage or deeds with liens retained therein unless either document explicitly refers to the next immediate source of title for which the mortgagee or grantee derived title to the property or the interest encumbered therein….