ELVIS Presley’s historic home dubbed Graceland may be sold at a foreclosure auction later this week if appeals by surviving family members go unheard.
A temporary restrating order was granted on Monday by a Memphis, Tennesee court to hault the sale.
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Presley’s granddaughter, Riley Keough, is fighting the case by claiming that the company behind the foreclosure had no right to it in the first place.
A notice went up this month noting that Graceland and its surrounding areas would be auctioned off to the highest bidder on the Shelby County Courthouse steps May 23, according to local CBS affiliate WREG.
The company, called Naussany Investments and Private Lending, says that Keough’s mother, Lisa Marie Presley, took out a $3.8 million loan on the property that she did not pay back before her death.
Keough says that the loan is fraudulent and was not executed by her mother.
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A temporary restraining order on the sale was granted Monday, according to an attorney for heir Riley Keough. An injunction hearing is set for Wednesday.
“These documents are fraudulent,” the lawsuit states.
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