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SB506 Alabama 2010 Session

Updated Jul 26, 2021
SB506 Alabama 2010 Session
Senate Bill
In Committee
Current Status
Regular Session 2010
Session
1
Sponsor

Summary

Session
Regular Session 2010
Title
Commercial property, right of redemption, time period reduced, Sec. 6-5-248 am'd.
Description

Currently, persons exercising the right of redemption of real estate must exercise the right within one year of the foreclosure sale.

This bill would reduce the time period for commercial property to 90 days from the date of the sale.

Subjects
Property, Real and Personal

Bill Actions

Indefinitely Postponed

Read for the second time and placed on the calendar

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

Bill Text

Documents

Source: Alabama Legislature