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Kentucky redemption period is:
Correct Answer
B) 1 year after judgment for sales under 2/3 value
Kentucky allows 1-year redemption if property sells for less than 2/3 of appraised value.
Answer Options
A
No redemptionB
1 year after judgment for sales under 2/3 valueC
30 daysD
6 monthsVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
foreclosure-proceduresstate-specific-real-estate-lawshomeowner-rights
Key Terms:
right of redemptionKRS 426.530judicial foreclosuretwo-thirds appraised valueKentucky foreclosure
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