{"data":{"id":"us-ky/krs-426.540","jurisdiction":"us-ky","citation":"KRS 426.540","heading":"Redemption right may be sold -- Rights of purchaser and debtor -- Report","body":"of sale.\nIf the proceeds of sale fail to satisfy the judgment, the right of redemption provided for in\nKRS 426.530 may be sold to satisfy the residue of the judgment. The right o f redemption\nshall also be liable to sale under execution. The land shall be subject to redemption from\nboth purchasers for one (1) year from the first sale. The purchaser of the right of\nredemption may, before the end of a year from the first sale, pay th e prior purchaser his\npurchase money and interest as provided in KRS 426.530, and shall then be entitled to the\nland, subject to the rights of possession and redemption held by the defendant in the\nexecution. A sale made in pursuance of any such judgment o r order shall be reported to\nthe court by the commissioner or officer who made the sale, and the report shall state at\nwhat sum the property sold was appraised. If the report is not excepted to, the sale may be\nconfirmed, but if the land is redeemed the confirmation shall thereafter be null and void.","path":["KRS Chapter 426"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=18490","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:44Z","sha256":"2300530aac6783885a2df0a2317a9066d5862c31efce95dcaa2a603f8b45f19b","source_id":"us-ky","stale":false,"prev":"us-ky/krs-426.530","next":"us-ky/krs-426.550"},"notice":"GroundRules: Original legal text. Not legal advice."}