There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 426 ENFORCEMENT OF JUDGMENTS
426.540 Redemption right may be sold -- Rights of purchaser and debtor -- Report of sale.
Download pdfKRS 426.530 may be sold to satisfy the residue of the judgment. The right of redemption
shall also be liable to sale under execution. The land shall be subject to redemption from
both purchasers for one (1) year from the first sale. The purchaser of the right of
redemption may, before the end of a year from the first sale, pay the prior purchaser his
purchase money and interest as provided in KRS 426.530, and shall then be entitled to the
land, subject to the rights of possession and redemption held by the defendant in the
execution. A sale made in pursuance of any such judgment or order shall be reported to
the court by the commissioner or officer who made the sale, and the report shall state at
what sum the property sold was appraised. If the report is not excepted to, the sale may be
confirmed, but if the land is redeemed the confirmation shall thereafter be null and void. Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2365.
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