Graceland can stay in the hands of Elvis Presley's family for the time being after a court ruling.
A Tennessee court chancellor says that a mysterious company trying to sell the propertly likely committed fraud, CNN reported.
The proposed auction had been scheduled for Thursday.
Chancellor JoeDae Jenkins said the foreclosure sale would be postponed until a hearing determines who actually owns the estate.
The late singer's granddaughter has been fighting against the company that claimed Elvis' daughter gave it Graceland's deed.
Riley Keough filed a lawsuit to fight off what she said was a fraudulent scheme.
A public notice for a foreclosure sale of the 13-acre Memphis estate said Promenade Trust, which controls the Graceland museum, owes $3.8 million after failing to repay a 2018 loan, the Associated Press reported.
Naussany Investments and Private Lending said Lisa Marie Presley had used Graceland as collateral for the loan.
Graceland is now a museum and tourist attraction.
It opened in 1982 as a tribute to Elvis Presley.
The famous singer died in August 1977.
