KRS 427.090: Payment of money in lieu of homestead exemption.

If the defendant in the execution, attachment or other action owns property levied on or

sought to be subjected to the payment of any debt or liability, which, in the opinion of the

appraisers, is of greater value than five thousand dollars ($5,000) and no t divisible

without great diminution in value, the property shall be sold and five thousand dollars

($5,000) of the money arising from the sale paid to the defendant to enable him to

purchase another homestead. The property shall not be sold for less than five thousand

dollars ($5,000).