Without previous judicial proceeding or judgment, an interest in real property held by a fiduciary for the benefit of a ward, or by more than one (1) person or by an unknown heir may be sold by private sale subject to court approval. An action for approval of sale shall be brought in the manner provided for judicial approval prior to sale in KRS 389A.030 and 389A.035.
KRS 389A.032
Private sale of property without prior judicial proceeding or judgment, but subject to court approval
Applied in 1 court decision — leading case Thomas v. Turner (1987)
Most recently applied in Thomas v. Turner (March 1987)
Effective: February 6, 1984 History: Created 1984 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.