Elvis Presley’s iconic Graceland home may be put up for public auction, but the rock legend’s granddaughter Riley Keough is fighting the sale and has filed a lawsuit claiming fraud. A temporary restraining order is in effect.
A public notice for the foreclosure sale of the Memphis estate was posted earlier this month. The notice alleges that Promenade Trust, which controls Graceland owes $3.8 million after failing to repay a loan taken out on May 16, 2018.
The King of Rock N Roll purchased Graceland in 1957. The 179-acre property was inherited by Lisa Marie, his only child, following the King of Rock ‘n’ Roll’s death in 1977, and Keough has inherited the home.
Elvis, his parents, Lisa Marie and her son, Benjamin Keough, are buried on the grounds in the Meditation Garden. His ex-wife, Priscilla Presley, plans to be buried near Elvis at Graceland upon her death. Find out what Riley Keough plans to do here: Elvis Presley’s home Graceland to be sold off at foreclosure auction (msn.com)
