Right of redemption

The statutory right to redeem property from judicial sale. See 62 Kan. 69, 61 Pac. 406.

The right to disincumber property or to free it from a claim or lien; specifically, the right (granted by statute only) to free property from the incumbrance of a foreclosure or other judicial sale or to recover the title passing thereby, by paying what is due, with interest, costs, etc. Not to be cohfounded with the "equity of redemption," which exists independently of statute but must be exercised before sale. See Mayer v. Farmers' Bank, 44 Iowa, 216; Millett v. Mullen, 95 Me. 400, 49 Atl. 871; Case v. Spelter Co., 62 Kan. 69, 61 Pac. 406.