Mortgage foreclosure surplus
KRS § 426.500 governs execution-sale surplus, paying an excess cash price to the defendant owner or using a bond payable to that owner in a credit sale. Mortgage foreclosure also requires the court judgment and master commissioner's accounting, and § 426.500 sets no special surplus deadline. KRS § 426.530 gives a six-month redemption right when the price is below two-thirds of appraisal. That right concerns reacquiring the property, not claiming surplus.
