The right of redemption may be sold under execution. The land shall still be subject to redemption by the defendant, from both purchasers, for six (6) months from the first sale. The purchaser of the right of redemption may, before the end of six (6) months from the first sale, pay the prior purchaser his money and interest as provided in KRS 426.220, and be entitled to the land, subject to the rights of possession and redemption held by the defendant in the execution.
KRS 426.240
Redemption right may be sold -- Rights of defendant and purchaser
Applied in 1 court decision — leading case 658 F. Supp. 1561 - United States v. Wood (1987)
Most recently applied in 658 F. Supp. 1561 - United States v. Wood (May 1987)
Effective: June 25, 2013 History: Amended 2013 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.