Ky. Rev. Stat. » Chapter 426
Kentucky Revised Statutes

Ky. Rev. Stat. § 426.540 (2026)

Redemption right may be sold -- Rights of purchaser and debtor -- Report

✓ current as of May 2026
Find cases: SyfertCases citing this section KY-LRCapps.legislature.ky.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

of sale. If the proceeds of sale fail to satisfy the judgment, the right of redemption provided for in KRS 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.

Notes of Decisions
Cited in 2 cases, 1987–1993 · leading case: United States v. Wood, 658 F. Supp. 1561 (W.D. Ky. 1987).
Sort: Relevance Newest Treatment
United States v. Wood, 658 F. Supp. 1561 (W.D. Ky. 1987). · cites it 2× “§ 2365 (current version at Ky.Rev.Stat. § 426.540). However, even if redemption rights were sold under execution, the statutes provided (and continue to provide) for an additional right of redemption beyond the reach of any creditor.”
Kirklevington Assocs., Ltd. v. Kirklevington North Assocs., Ltd., 848 S.W.2d 453 (Ky. Ct. App. 1993). “The remedy for junior lienholders is found in KRS 426.540, which allows the lienholder to execute upon the mortgagor’s right of redemption.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.