(1) An action for damages, whether brought in contract or tort, or on any other basis, based on professional services that were rendered or that should have been rendered by a licensed home inspector under KRS § 198B.700 to KRS § 198B.738 shall not be brought, commenced, or maintained unless the action is filed within one (1) year of the time that the claimant knew or should have known of a deficient inspection and damages and injuries resulting therefrom.
(2) Nothing in this section creates any duty to a third party that is not available under common law.

Terms Used In Kentucky Statutes 413.246

  • Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Year: means calendar year. See Kentucky Statutes 446.010

Effective: July 15, 2008
History: Repealed, reenacted, and amended 2008 Ky. Acts ch. 100, sec. 10, effective
July 15, 2008. — Created 2004 Ky. Acts ch. 109, sec. 18, effective July 13, 2004.
Formerly codified as KRS § 198B.734

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