(1) Master commissioners shall be compensated by fee charged upon the parties or paid out of any fund of an action in the circuit court. Deputies, clerical staff and office expenses, as authorized in AP Part IV, Section 10, shall be paid from the excess fees of the office. Salaries of clerical staff shall be set in accordance with the pay schedule established by the judicial personnel system.

(2) The fee for each judicial sale shall be calculated as follows:

(3) In addition to the fee authorized in subsection (2), above, the master commissioner may also recover necessary direct expenses attributable to the case referred for judicial sale including the cost of postage, copies, faxes, long distance telephone, advertising, appraisers, licensed auctioneer pursuant to KRS 426.522, and the cost of the care of the property in his or her possession. The circuit court may require a deposit sufficient in amount to pay the direct costs of sale.

(4) A fee of $90 shall be charged for each report prepared on tendered foreclosure judgments in uncontested cases for enforcement of a mortgage or other lien. Additionally, a fee of $90 shall be charged for drafting any necessary deed or title and executing same.

(5) For receiving and paying out money under court order, except as otherwise provided in subsection (2), and for settling the accounts of estates the fee shall be 3%. For settlement of accounts of insolvent estates this computation shall exclude any amounts exempt from creditors. In no case shall the fee exceed $8,500.