Everything We Know About Elvis’ Home Sale – Hollywood Life

View gallery

Elvis Presley‘s iconic Memphis, Tennessee home, Graceland, was facing foreclosure until his granddaughter, actress Riley Keough, managed to halt the sale. The Daisy Jones & the Six star, 34, recently filed a civil lawsuit against Naussany Investments & Private Lending to block them from auctioning the property. As a result of her swift action, Graceland’s foreclosures has been halted till additional discover.

Riley has been the only real trustee of Graceland since her late mom, Lisa Marie Presley, died in January 2023.

Earlier this month, Riley known as Naussany Investments & Personal Lending’s auctioning of the property “fraudulent” in a civil lawsuit that she filed. In accordance with a number of retailers, the actress claimed her mom, “never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments.”

Moreover, Riley requested that the court docket grant a restraining order towards the creditor or “any party acting in concert” to dam “any non-judicial sale of the property.” She additional claimed that the enterprise “is not a real entity” and was solely “created for the purpose of defrauding” Riley’s Promenade Belief.

Elsewhere in her lawsuit, Riley claimed that Lisa’s signature was solid on the alleged mortgage paperwork. The notary who was listed as a witness additionally famous they by no means met Lisa Marie, per Yahoo! Information 

“The note and deed of trust are fraudulent and unenforceable,” Riley claimed within the court docket paperwork, including that “those individuals who were involved in the creation of such documents are believed to be guilty of the crime of forgery.”

Elvis Presley Enterprises has reportedly supported Riley’s claims towards Naussany Investments & Personal Lending. Her grandmother, Priscilla Presley, even known as the scenario a “scam,” per an X put up she tweeted on Monday, Might 20.

Beforehand, Priscilla, 78, and Riley had been concerned in a authorized battle over the Graceland property in mid-2023. After Lisa Marie died, Priscilla filed a authorized problem over her late daughter’s belief, noting that she was reduce as a trustee as a substitute of Riley. They settled the regardless of in August 2023, and Riley was declared the only real trustee of Lisa Marie’s property. On the time, Riley spoke out in regards to the scenario throughout an interview with Vainness Truthful, defending her grandmother as a “beautiful woman” and “a huge part of creating my grandfather’s legacy and Graceland.”

“It’s very important to her. He was the love of her life,” Riley advised the publication, earlier than including, “Anything that would suggest otherwise in the press makes me sad because, at the end of the day, all she wants is to love and protect Graceland and the Presley family and the legacy. That’s her whole life.”