SB448 Alabama 2010 Session

Updated Jul 26, 2021

Summary

Primary Sponsor: J.T. WaggonerSenator
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.
Subjects: Taxation

Read for the first time and referred to the Senate committee on Judiciary