HB566
Log in to followAN ACT relating to judicial sales.
Amend KRS 426.522 to change the auctioneer's fee structure for judicial sales; allow advertising to be at the discretion of the master commissioner and auctioneer; allow real property to be sold at another location in the county in which the property is located if the auctioneer determines that is the best method to conduct the sale; require nonforeclosure sales to be conducted in a manner agreed to by the master commissioner or plaintiff and the auctioneer.
Introduced: February 5, 2026
Last action: April 13, 2026
In effect since July 15, 2026
Acts from the 2026 Regular Session that don't carry an emergency clause or set their own effective date took effect 90 days after the session adjourned (Ky. Constitution § 55).
Plain-language summary
This bill changes how property is sold through court-ordered judicial sales in Kentucky. It updates the fee structure for auctioneers involved in these sales, gives master commissioners and auctioneers more flexibility in how they advertise and where they hold sales, and sets rules for how non-foreclosure court-ordered sales must be conducted. Who it may affect: property owners involved in court-ordered sales, auctioneers, and master commissioners.
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Legislative History
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