{"data":{"id":"us-ky/krs-91.511","jurisdiction":"us-ky","citation":"KRS 91.511","heading":"Discharge of lien or satisfaction of judgment -- Redemption.","body":"(1) At any time prior to the sale of the property, any person having any right, title, or\ninterest in, or lien upon, any parcel of real estate described in the petition may\ndischarge any city lien or satisfy a judgment in favor of the city as to the parcel of\nreal estate by paying to the collector the entirety of the lien or judgment, including\nthe principal, interest, penalties, and costs.\n(2) (a) If the property is sold pursuant to the judgment or order of the court and does\nnot bring its most recent assessed value certified by the Department of\nRevenue to the county clerk as required by KRS 133.180, the owner may\nredeem the property within sixty (60) days from the day of the sale by  paying\nthe purchaser an amount equal to the original purchase price plus interest at\nthe rate of eighteen percent (18%) per annum.\n(b) Any owner who redeems his or her land under this subsection shall take a\nreceipt from the purchaser and lodge it with th e clerk of the court. The receipt\nshall be entered upon the records of the court.\n(3) (a) The owner may tender the redemption money to the purchaser or the\npurchaser's agent or attorney, if found in the county where the land lies, or in\nthe county in which the judgment was obtained or order of sale made.\n(b) If the money is refused, or if the purchaser does not reside in either of the\ncounties described in paragraph (a) of this subsection, the owner may, before\nthe expiration of the right of redemption, fi le with the clerk of the court in\nwhich the judgment was rendered or the order was made, an affidavit:\n1. Of the tender and refusal; or\n2. That the purchaser or his or her agent or attorney do not reside in either\nof the counties.\n(c) The owner may then pay to the clerk the redemption money, and the clerk\nshall give the owner a receipt for the payment and file the affidavit in the case\nfile of the action.\n(4) (a) When the right of redemption exists, the owner may remain in possession of\nthe property until it expires. Real property so sold shall not be conveyed to the\npurchaser until the right of redemption has expired.\n(b) If the property is redeemed, the sale shall, from and after the redemption, or\nfrom and after the deposit of the redemption money with the clerk, be null and\nvoid.\n(5) In the event of failure to redeem within the period provided for redemption, the\nowner or any other party in interest shall be barred forever of all his or her right,\ntitle, and interest in and to the parcel of real estate described in the petition.\n(6) Upon redemption as permitted by this section, the person redeeming shall be\nentitled to a certificate of redemption from the collector describing the property in\nthe same manner as it is described in the p etition and the collector shall thereupon\nnote on his or her records the word \"redeemed\" and the date of the payment\nopposite the description of the parcel of real estate.","path":["KRS Chapter 91"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=57367","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:48Z","sha256":"4269a9890e966f6e200381c63745e1827f7bbe32e3079fd4f7abf56cba695b28","source_id":"us-ky","stale":false,"prev":"us-ky/krs-91.510","next":"us-ky/krs-91.514"},"notice":"GroundRules: Original legal text. Not legal advice."}