Kentucky Revised Statutes

Ky. Rev. Stat. § 451.170 (2026)

Terms of judicial sales

✓ current as of May 2026

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(1) Judicial sales of property shall be for cash, or on reasonable credit or partly for cash and partly on reasonable credit, as the court directs; but a sale of personal property shall not be on a longer credit than four (4) months.

(2) The court may by rule require purchasers at judicial sales to deposit with the officers making the sale, at the time of sale, a specified sum of money, sufficient to cover the expense of a resale. If the deposit is not made at that time, the officer shall at once resell the property. Effective: October 1, 1942 History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 1002, 1010.

Notes of Decisions

Cited in 1 case (1 in the last 5 years), 2021–2021 · leading case: Timothy Lunsford v. Cent. Bank & Trust Co. (Ky. Ct. App. 2021).

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Timothy Lunsford v. Cent. Bank & Trust Co. (Ky. Ct. App. 2021). “However, some statutes indicate that newspaper advertisements of judicial sales should state the terms of sale and that the court can require the payment of a deposit to cover expenses if a resale becomes necessary.”

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