HB591 Alabama 2010 Session

Summary

Primary Sponsor

Mike Hill

Republican

Session

Regular Session 2010

Title

Property sold for nonpayment of taxes, mortgagee, judgment creditor, or other creditor having a lien in the real estate lands sold for nonpayment of taxes may redeem the property in the name of the owner of the property, Secs. 40-10-120, 40-10-122 am'd.; Act 2009-508, 2009 Reg. Sess. am'd.

Description

Under existing law, a mortgagee, judgment creditor, or other creditor having a lien on real estate lands sold for nonpayment of taxes may not redeem the property in the name of the owner of the property.

This bill would allow a mortgagee, judgment creditor, or other creditor having a lien on real estate lands sold for nonpayment of taxes to redeem the property in the name of the owner of the property.

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Subjects

Taxation