381.900 Tax assessments -- Individual liability -- Forfeiture or sale. Taxes, assessments and other charges of this state, or of any political subdivision, or of any special improvement district, or any other taxing or assessing authority shall be assessed against and collected on each individual unit, each of which shall be carried on the tax books as a separate and distinct entity for that purpose, and not on the property as a whole. The valuation of the general and limited common elements shall be assessed proportionately among the co -owners thereof. No forfeiture or sale o f the improvements or property as a whole for delinquent taxes, assessments or charges shall ever divest or in anywise affect the title to an individual unit so long as taxes, assessments and charges to said individual unit are currently paid. History: Ame nded 1974 Ky. Acts ch. 381, sec. 15. -- Created 1962 Ky. Acts ch. 205, sec. 20.
Kentucky Legal Code