Elvis Presley’s granddaughter fighting Graceland foreclosure

Elvis Presley’s granddaughter is fighting to save “The King’s” iconic Graceland home from being sold at a Thursday foreclosure sale.

Riley Keough, Presley’s granddaughter and heir, filed a temporary restraining order Monday to save the Tennessee estate, and a Wednesday injunction is slated to follow, according to a report citing the legal action.

Public notice for the foreclosure was posted earlier in the month, and it alleges that the controlling interest of Graceland owes $3.8 million.

That money reportedly stems from a 2018 deed of trust purportedly signed by Lisa Marie Presley, the only child of Elvis Presley, to secure a loan through Naussany Investments and Private Lending, according to the legal notice.

“Therefore, on May 23, 2024 at 11:00 a.m. at the front of the Shelby County Courthouse, 140 Adams Ave, Memphis TN 38103, the undersigned will sell the property described in said Deed of Trust and herein after described at public auction to the highest and best bidder for cash,” the notice reads.

Keough alleges in her lawsuit that her mother, Lisa Marie Presley, never borrowed the aforementioned money.

“These documents are fraudulent,” her lawsuit reads.

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Graceland officials echoed the lawsuit, according to the report.

“Elvis Presley Enterprises can confirm that these claims are fraudulent,” their statement read. “There is no foreclosure sale. Simply put, the counter lawsuit has been filed is to stop the fraud.”

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