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Kentucky Residential Purchase Agreement

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Updated June 13, 2025

A Kentucky residential purchase agreement is a legal document that binds a seller and a buyer to the terms of a residential property sale. The agreement outlines the rights and responsibilities of both parties, as well as the terms and conditions of the transaction. It becomes legally binding once signed by both parties.

State Laws

Agent’s Duties – The agent must deliver a copy of the seller’s property condition disclosure statement to any potential buyer within 72 hours of receiving an offer to purchase.[1]

If the property is offered for sale without a listing agreement, the agent must provide the seller with a blank property disclosure form. Once completed and signed by the seller, the agent must provide a copy to the buyer within 120 hours of executing the purchase agreement.[2]

Seller’s Disclosures (3)

Seller’s Disclosure of Property Condition (required) – As Kentucky is not a buyer-beware state, the seller of a residential property must provide the buyer with full disclosure of the condition of the property prior to signing a purchase agreement.

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Lead-Based Paint Disclosure (conditional) – It is required that the seller of a building constructed prior to 1978 provide all potential buyers with a lead-based paint disclosure statement that details any toxic paint used on the premises at any time.[3]

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Lead-Based Paint Pamphlet (conditional) – Gives general information about lead-based paint for properties built before 1978.[4]

Download: PDF

Sample

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