Kentucky Statutes 184.220 – Foreclosure of liens — Redemption
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In the event that a property owner fails or refuses to pay his assessment in cash within thirty (30) days or to pay one-tenth (1/10) of his assessment in cash within thirty (30) days and execute an agreement to pay the balance in nine (9) equal annual installments with interest, as aforesaid, or in the event that a property owner fails or refuses to pay any semiannual installment of interest or annual installment of principal due under such agreement when the same becomes due, then the board of directors shall, after making reasonable efforts to collect the same, direct its attorney to file a suit in equity to foreclose the lien of the road district against such delinquent property owner. In all actions to enforce liens, a copy of the resolution of the board of directors authorizing the work to be done and assessing the lien against the property owners, attested by the secretary of said board, shall be filed with the petition and shall constitute prima facie evidence of all facts necessary to be established by the plaintiff in such an action to entitle it to relief. In such actions, the court shall provide in its order confirming any report of sale that any defendant or defendants or anyone claiming through him or them may, within two (2) years from the date of the order confirming a report of sale, redeem the property sold by paying to the purchaser the purchase price, with interest thereon from the day of sale at the rate of ten percent (10%) per annum to the date of payment; in the event that there be no redemption within the time allowed, the order of confirmation shall be final and a deed shall be executed to the purchaser or his assignee.
History: Created 1942 Ky. Acts ch. 65, sec. 22.
History: Created 1942 Ky. Acts ch. 65, sec. 22.
Terms Used In Kentucky Statutes 184.220
- Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
- Attorney: means attorney-at-law. See Kentucky Statutes 446.010
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Owner: when applied to any animal, means any person having a property interest in such animal. See Kentucky Statutes 446.010
- Plaintiff: The person who files the complaint in a civil lawsuit.