What type of property has Kentucky recently passed a new law governing its sale?

The correct answer is that Kentucky has recently passed a new law governing the sale of condominiums. This legislation typically addresses various aspects of condominium sales, including disclosure requirements, management practices, and the rights of buyers and owners. The regulation aims to improve transparency in transactions and protect buyers from potential issues related to the purchase and ownership of condominiums, such as maintenance fees and community rules. Such laws are crucial in ensuring fairness in the real estate market and establishing standards that protect consumers.

In this context, while single-family homes, commercial properties, and vacant land are essential categories of real estate, they have not seen recent specific legislative changes in this realm comparable to those pertaining specifically to condominiums. This focused legislative attention reflects the unique complexities involved in selling and managing condominium properties, making it essential for buyers and sellers to understand the specific regulations that now apply.