AN ACT relating to real property.

Summary

The bill changes Kentucky law so a trustee cannot sell property that is pledged as security for a debt unless the sale follows a court judgment, is done by an assignee under a voluntary assignment, or is documented with the pledge maker’s written consent. It affects trustees, lenders, borrowers and anyone holding a deed of trust, aiming to protect owners from unauthorized sales. The measure is currently waiting in the Senate Committee on Committees.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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