UNOFFICIAL COPY 24 RS BR 1724 Page 1 of 1 XXXX 2/28/2024 2:17 PM Jacketed AN ACT relating to property. 1 Be it enacted by the General Assembly of the Commonwealth of Kentucky: 2 ď˘SECTION 1. A NEW SECTION OF KRS CHAPTER 381 IS CREATED TO 3 READ AS FOLLOWS: 4 (1) As used in this section, "short-term rental" means the rental of a single-family 5 home, dwelling unit in a single-family home, dwelling unit in a two (2) family or 6 multifamily dwelling, or a dwelling unit in a condominium, cooperative, or time 7 share, for terms of less than thirty (30) days at a time. 8 (2) For purposes of any deed restriction, restrictive covenant, or other conveyance 9 containing a restriction on the use of real property: 10 (a) "Single-family residence" and other substantially similar terms shall not be 11 construed to exclude properties which are rented out by the owner as a 12 short-term rental on a part-time basis; and 13 (b) "Commercial uses" and other substantially similar terms shall not be 14 construed to include properties which are rented out by the owner as a 15 short-term rental on a part-time basis. 16 (3) A property owner shall be restricted from using his or her property as a short-17 term rental pursuant to a deed restriction, restrictive covenant, or other 18 conveyance containing a restriction on the use of real property only if the 19 restriction explicitly and unambiguously prohibits that use. 20