{"data":{"id":"us-ky/krs-426.220","jurisdiction":"us-ky","citation":"KRS 426.220","heading":"Redemption -- Right of -- Payment of money -- Possession of defendant.","body":"(1) If land sold under execution does not bring two -thirds of its appraised value, the\ndefendant and his representatives may redeem it within six (6) months from the day\nof sale, by paying the purchaser or his representative the original purchase money\nand ten percent per annum interest thereon. The defendant redeeming his land shall\ntake a receipt from the purchaser and lodge it with the clerk of the court, which\nreceipt shall be filed and recorded with the execution under which the sale was\nmade.\n(2) The defendant may tender the redemption money to the purchaser or his agent or\nattorney, if in the county where the land lies or in the county where the judgment\nwas obtained, and if the money is refused or if the purchaser does not reside in\neither of the counties, the defendant may, before the expiration of six (6) months, go\nto the clerk of the court where the execution issued and make affidavit of the tender\nand refusal or that the purchaser or his agent or attorney does not reside in the\ncounty where the l and lies or where the execution issued, as he believes. He may\nthen pay to the clerk the redemption money for the purchaser, and the clerk shall\ngive a receipt therefor and file the affidavit with the execution in his office.\n(3) When the right of redempti on exists, the defendant may remain in possession until\nthe right of redemption expires.","path":["KRS Chapter 426"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=42366","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:43Z","sha256":"9e7b5aae84ea358e0b8c8249d91fa13b74f3bf1adbf8f64141b9e02c498de700","source_id":"us-ky","stale":false,"prev":"us-ky/krs-426.210","next":"us-ky/krs-426.230"},"notice":"GroundRules: Original legal text. Not legal advice."}