Definitions for KRS 367.620 to 367.628
KRS 367.620
in effect367.620. Definitions for KRS 367.620 to 367.628
As used in KRS 367.620 to 367.628:
(1) "Contractor":
(a) Means a person that engages in the business of contracting, providing, or offering to contract or provide, goods or services relating to real estate; and
(b) Includes any person that directly or indirectly solicits or offers a real estate goods or services contract;
(2) "Goods or services relating to real estate":
(a) Except as provided in paragraph (c) of this subsection, means goods, services, or goods and services relating to real estate;
(b) Includes any: 1. Repair, replacement, construction, reconstruction, or improvement of real estate; and 2. Tree or debris removal; and
(c) Does not include: 1. Investigating, negotiating, or effecting the settlement of an insurance claim; or 2. Otherwise adjusting losses or damages covered by an insurance policy;
(3) "Insured" means a person that is entitled, or may be entitled, to receive benefits or payments under a property, casualty, or property and casualty insurance policy;
(4) "Person" has the same meaning as in KRS 367.110;
(5) "Real estate":
(a) Means any parcel of real estate located in this state that is used for any purpose; and
(b) Includes: 1. Residential real estate; and 2. Commercial real estate; and
(6) "Real estate goods or services contract" means a contract for the provision of goods or services relating to real estate, where the goods or services are expected to be paid from property, casualty, or property and casualty insurance proceeds.
Effective: July 15, 2026
History: Amended 2026 Ky. Acts ch. 54, sec. 1, effective July 15, 2026. -- Amended 2025 Ky. Acts ch. 15, sec. 1, effective June 27, 2025. -- Created 2012 Ky. Acts ch. 97, sec. 1, effective July 12, 2012. Legislative Research Commission Note (7/15/2026). 2026 Ky. Acts ch. 54, sec. 12, provides that the amendments to this statute in that Act apply to contracts entered into on or after July 15, 2026. Legislative Research Commission Note (6/27/2025). 2025 Ky. Acts ch. 15, sec. 10, provides that the amendments to this statute in that Act shall apply to contracts entered on or after June 27, 2025. Legislative Research Commission Note (7/12/2012). Under the authority of KRS 7.136(1), the Reviser of Statutes has changed the order of the subsections in this statute from the way they appeared in 2012 Ky. Acts ch. 97, sec. 1, to place the terms in alphabetical order. The words in the text were not changed.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=57390Fetched: 10/20/2026