SB 316 Kentucky Senate · 2026 Regular Session

AN ACT relating to real property.

This bill amends Kentucky law regarding trustee sales of real property to correct technical errors in the existing statute. It clarifies the conditions under which a trustee sale can legally transfer property title, specifically addressing situations involving pledges or deeds of trust used to secure debts. The amendment requires that such sales either follow a court judgment, are conducted by an assignee under a voluntary deed of assignment, or include written consent from the original property owner. This change directly affects lenders, trustees, and property owners involved in foreclosure or debt-secured property sales by refining the legal requirements for valid title transfers.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
Governor
Introduced Mar 2, 2026 Last action Mar 2, 2026
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Total actions
2
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0
Committee
1
Mar 2, 2026
Committee
to Committee on Committees (S)
upper
Mar 2, 2026
Introduced
introduced in Senate
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Brandon Storm
Brandon Storm
RRepublican
KY
21