HB488: AN ACT relating to legal instruments.

Legislative Summary

Amends KRS 382.297 to establish when a county clerk shall admit any amendment, renewal, modification, or extension of a recorded mortgage to record, to establish when a county clerk shall admit affidavits of amendment prepared and executed by an attorney to record, and to establish recording requirements and construction of section; and amends KRS 413.100 to establish when a promise, acknowledgment, or payment of money operates as an extension of a lien in a recorded mortgage or deed, and to establish recording requirements for an extended lien.