Actress Danielle Riley Keough, the granddaughter of Elvis Presley, has filed a lawsuit in a Tennessee civil court to prevent the planned foreclosure sale of Graceland, the legendary singer's former home and now a popular tourist destination. Keough, who became the owner of the Memphis property following the death of her mother, Lisa Marie Presley, in January 2023, alleges that the company responsible for the sale doesn't actually exist and has forged documents.

The lawsuit, a 61-page complaint filed last week, asserts that Naussany Investments & Private Lending LLC, the company advertising and scheduling the sale of Graceland, presented fraudulent documents claiming that Lisa Marie Presley borrowed $3.8 million from them and used Graceland as collateral. However, Keough maintains that her mother never borrowed money from Naussany Investments or gave them a deed of trust encumbering the property.

Furthermore, the lawsuit argues that Naussany Investments is not a legitimate entity but rather a false creation aimed at defrauding the Promenade Trust, Lisa Marie Presley's heirs, and potential purchasers of Graceland at a non-judicial sale. The individual named as Kurt Naussany, who allegedly acted on behalf of the company, has denied involvement and stated that he left the firm in 2015.

Elvis Presley Enterprises, the company managing Elvis' estate, called the claims made in the lawsuit fraudulent and clarified that there is no foreclosure sale. Priscilla Presley, Elvis' ex-wife and Lisa Marie's mother, also expressed her disbelief in claims of a foreclosure sale on social media, labeling it as a scam.

The Shelby County Chancery Court has issued a restraining order to prohibit Naussany Investments, Kurt Naussany, or any party working with them from conducting the sale of Graceland. A hearing for the injunction has been scheduled for Wednesday in the same court.

The complaint also points out clues suggesting that the loan and deed of trust documents are forgeries. The documents bear signatures resembling Lisa Marie Presley's, but according to the lawsuit, she did not sign them. The notarial acknowledgment on one of the documents refers to online notarization, which wasn't authorized in Florida until 2020. The notary named in the document, Kimberly Philbrick, has stated under oath that she did not notarize either of the documents and that she has never met Lisa Marie Presley.

Graceland, initially part of a cattle farm, was purchased by Elvis for $102,500 in March 1957. The property, currently estimated to be worth between $400 million and $500 million, became the iconic singer's residence and underwent numerous expansions, including a kidney-shaped swimming pool and ornate gates resembling sheet music. Elvis passed away at Graceland in August 1977, and ownership was subsequently transferred to his father and later to Lisa Marie.

Since 1982, Graceland has been open to the public, attracting visitors from around the world. The property features museums, a hotel, restaurants, and an entertainment complex. It was listed on the National Register of Historic Places in 1991 and designated a National Historic Landmark in 2006, marking it as the first rock-n-roll site to receive both honors.

As the legal process unfolds, Keough aims to permanently block the sale, declare the loan and deed of trust as fraudulent and unenforceable, and receive any other appropriate relief granted by the court.