An English economist once said, "Landlords grow rich in their sleep without working, risking or economizing." As volatile as real estate markets can be today, many might argue that landlords can't always sleep easy. Still, real estate remains a key commodity in the Kentucky and Ohio economies and as we noted in the last post, regulations concerning land transfers are complicated.
In some places, the state lines are set by surveyor's plot lines. In Northern Kentucky, the Ohio River stands as a physical separator with our neighbor to the north. Another separator is their differing laws, including those for facilitating real estate transactions.