381.897 Individual and common liabilities for injuries or damages.
117 words·~1 min read·
/ky/chapter-381/381-897A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Where a judgment arising from a risk common to all of the co-owners is in excess
of the liability insurance in force, the liability of any co-owner shall not exceed his
pro rata share as determined by the percentage the value of his individual unit bears
to the value of the property as a whole. An uncollected share of a judgment shall not
be reassessed among the other co-owners.
(2)Any unit owner shall be individually liable for injuries or damages which result
from his own negligence or willful misconduct or which occur within his individual
unit to the same extent and degree as the individual owner of any other residential,
office, industrial or business property.