Ky. Sup. Ct. Order 2024-07 § 8

Staff

(1) Master commissioners shall be compensated by fee charged upon the parties or

paid out of any fund of an action in the circuit court. Deputies, clerical staff and office

expenses, as authorized in AP Part IV, Section 10, shall be paid from the excess fees of

the office. Salaries of clerical staff shall be set in accordance with the pay schedule

established by the judicial personnel system.

(2) The fee for each judicial sale shall be calculated as follows:

(a) 3% of the final bid. The fee shall be no less than $500 and shall not

exceed $8,500.

(b) If the sale involves more than one property, parcel, or judgment, a fee of

$650 per additional property, parcel, or judgment (e.g., the second, third,

and subsequent) shall be assessed in addition to the fee calculated under

subsection (2)(a) of this section.

(c) If the sale is withdrawn, a fee of not more than 50% of what the sale fee

would have been as calculated under subsections (2)(a) and (b) of this

section based upon the appraisal value of the property, or $500,

whichever is greater, shall be assessed.

(d) If the sale is not confirmed through no fault of the master commissioner,

a fee of no more than the sale fee as calculated under subsections (2)(a)

and (b) of this section shall be assessed.

(3) In addition to the fee authorized in subsection (2), above, the master commissioner

may also recover necessary direct expenses attributable to the case referred for

judicial sale including the cost of postage, copies, faxes, long distance telephone,

advertising, appraisers, licensed auctioneer pursuant to KRS 426.522, and the cost of

the care of the property in his or her possession. The circuit court may require a

deposit sufficient in amount to pay the direct costs of sale.

(4) A fee of $90 shall be charged for each report prepared on tendered foreclosure

judgments in uncontested cases for enforcement of a mortgage or other lien.

Additionally, a fee of $90 shall be charged for drafting any necessary deed or title and

executing same.

(5) For receiving and paying out money under court order, except as otherwise

provided in subsection (2), and for settling the accounts of estates the fee shall be 3%.

For settlement of accounts of insolvent estates this computation shall exclude any

amounts exempt from creditors. In no case shall the fee exceed $8,500.