Kentucky · money left over after a tax-deed sale

You can claim it yourself, for free

Who holds it

Master commissioner of the circuit court (holds sale money in escrow and pays it only by court order)

How long

Foreclosures using the KRS 91.481–91.527 procedure: if no one claims within 2 years after the sale, it goes to the state as unclaimed property. Other unpaid sale money is also escheated as unclaimed property.

How you claim

A surplus only arises if a tax lien holder sues to foreclose and the master commissioner sells the property. Ask the circuit court in that case to order the leftover money paid to you.

If someone offers to do it for you

Checklist: Kentucky, money left over after a tax-deed sale

Who holds it: Master commissioner of the circuit court (holds sale money in escrow and pays it only by court order)

How long: Foreclosures using the KRS 91.481–91.527 procedure: if no one claims within 2 years after the sale, it goes to the state as unclaimed property. Other unpaid sale money is also escheated as unclaimed property.

How you claim: A surplus only arises if a tax lien holder sues to foreclose and the master commissioner sells the property. Ask the circuit court in that case to order the leftover money paid to you.

Your deadline: ____________ (confirm it with the clerk)

Steps

  1. Check whether the certificate holder filed a foreclosure suit and the property was sold by the master commissioner.
  2. After the court confirms the sale, costs and all tax bills are paid first.
  3. Ask the circuit court in that case to order any remainder paid to you.
  4. If it was already escheated, claim it from the State Treasury.

Documents

Not researched yet — ask the clerk

What it costs you

Not researched yet — ask the clerk

If someone offers to do it for you

Official links

Source: KRS 91.517; KRS 134.490; KRS 134.546; KRS 134.504(3)(c); KRS 91.504(5); KRS 426.520; KRS 426.006; KRS 393A.040(9); KRS 329A.010(4)(b)-(c), 329A.015, 329A.070, 329A.080. Researched, not yet checked by a lawyer; confirm with the clerk. Not legal advice.