Kansas · ForeclosureKansas right of redemption: 12 months after the sale, possession and creditor redemption

Kansas gives the owner a year to buy back property sold in a judicial foreclosure or execution sale. Except as otherwise provided, the defendant owner may redeem real property sold under execution, special execution or order of sale at any time within 12 months from the day of sale, by paying the current holder of the certificate of purchase what it paid plus its allowed expenses, interest at the statutory rate, costs and taxes to the date of redemption, and the owner is entitled to possession in the meantime. After a hearing on at least 21 days' notice, the court may shorten or extinguish the owner's period if the property has been abandoned or isn't occupied in good faith. A mortgage may provide for a shorter period or waive redemption entirely – except a mortgage on agricultural land or on a single- or two-family dwelling owned or held in trust by natural persons as their residence. For the first three months the owner's right to redeem is exclusive; after that, qualifying lien creditors may redeem for the rest of the period (K.S.A. 60-2414(a)–(b)). Redemption doesn't apply to oil and gas leaseholds.