The bill amends K.S.A. 79-2804 to establish new requirements for judicial foreclosure public auctions of real estate in Kansas. It mandates that these auctions be conducted in person at a physical location within the county, ensuring public access to the bidding process. The bill specifies that while online or electronic bids may be accepted, the auction cannot be conducted exclusively through these means. Additionally, the language clarifies the responsibilities of the sheriff regarding the sale process, including the publication of sale notices and the execution of deeds to successful bidders.
Furthermore, the bill repeals the existing section of K.S.A. 79-2804, streamlining the legal framework governing property taxation and judicial foreclosure. The amendments include changes to the terminology used in the execution or order of sale, such as replacing "which" with "that," and refining the description of the auction process to enhance clarity and accessibility for the public. The overall intent of the bill is to improve transparency and participation in the judicial foreclosure process while ensuring that the sales are conducted in a manner that allows for public observation and interaction.
Statutes affected: As introduced: 79-2804, 79-2804f