426.200 Sale of land -- Place of -- Advertisement -- Appraisement.
204 words·~1 min read·
/ky/chapter-426/426-200A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Land shall be sold under execution to the highest bidder at the courthouse door of
the county in which it lies. Only so much land shall be sold as will satisfy the
execution under which the sale is made.
(2)The officer making the sale shall first advertise the time and place of sale by written
notice describing the land to be sold, posted at the courthouse door and three other
places in the vicinity of the land for fifteen days next preceding the sale, or by
newspaper notice if required by KRS 426.560.
(3)Before a sale of land, the officer shall have the land appraised, under oath, by two
disinterested, intelligent housekeepers of the county, who may be sworn by him. If
the appraisers disagree, the officer shall act as umpire. If a part of a tract only is
sold, the part sold shall, after the sale, be revalued in like manner. The appraisal
shall be in writing, signed by the persons making it, subject to inspection by the
public prior to the sale, and returned with the execution. The officer shall refer to
and explain the proceeding in his return on the execution, which return shall be
recorded in full.