SB263 Alabama 2011 Session

Updated Feb 27, 2026

Notable

Summary

Primary Sponsor: Mark Slade Blackwell
Republican
Session: Regular Session 2011
Title: Real property, mortgages, foreclosures, redemption limited for property other than agriculture and forestry property, reduced, Sec. 6-5-248 am'd.
Summary: This bill shortens the redemption period after foreclosure for most Alabama real estate to 90 days, while agricultural or forestry property keeps a 1-year window.
What This Bill Does
Most property sold at foreclosure can be redeemed within 90 days from the sale date, instead of one year. Agricultural or forestry property still has a 1-year redemption period. The changes apply to foreclosure sales that occur on or after September 1, 2011. When someone redeems, higher-priority liens and judgments are revived and must be paid off, and the redeeming party’s obligations are defined by priority rules.

Who It Affects
Debtors, mortgagors, junior mortgagees, transferees, and their spouses, children, heirs, or devisees — their right to redeem exists but the window is shortened to 90 days for most property.
Owners of agricultural or forestry property — their redemption window remains 1 year.

Key Provisions
Redemption period shortened to 90 days from the sale date for non-agricultural/forestry property; 1-year period remains for agricultural/forestry property.
Applies to foreclosure sales occurring on or after September 1, 2011.
Amends Section 6-5-248 to specify who may redeem (debtors, mortgagors, junior mortgagees, judgment creditors, transferees, spouses, children, heirs, and devisees) and sets the 90-day rule for most property.
Upon redemption, all higher-priority recorded judgments, mortgages, and liens are revived against the property and the redeeming party and must be paid off; after payment, those lienholders have no further right to redeem.
Redemption rights terminate for debtors or mortgagors who convey their interest and are released from liability; mortgagees generally retain priority over debtors in redemption priority.

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects: Property, Real and Personal