Alabama § 11-48-54 Redemption of Property After Sale Generally

Alabama Statutes

§ 11-48-54 — Redemption of Property After Sale Generally

Alabama § 11-48-54

Title 11Counties and Municipal Corporations

Ch. 48Public Improvements and Assessments Generally

Art. 1General Provisions

This text of Alabama § 11-48-54 (Redemption of Property After Sale Generally) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 11-48-54 (2026).

Text

Any real property heretofore or hereafter sold for the satisfaction of a local improvement assessment lien imposed thereon by the governing body of a municipality may be redeemed by the former owner, or his assigns, or other person authorized to redeem property sold for taxes by the State of Alabama within two years from the date of such sale by paying to the purchaser at such sale or to any person deraigning title under such purchaser or to the city or town treasurer for such purchaser or person deraigning title under such purchaser the amount of the purchase price for which the property was sold at such sale plus an amount equal to interest on such purchase price from the date of such sale to the date of redemption at the rate of six percent per annum plus a fee of $2.00 to cover the exp

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Any real property heretofore or hereafter sold for the satisfaction of a local improvement assessment lien imposed thereon by the governing body of a municipality may be redeemed by the former owner, or his assigns, or other person authorized to redeem property sold for taxes by the State of Alabama within two years from the date of such sale by paying to the purchaser at such sale or to any person deraigning title under such purchaser or to the city or town treasurer for such purchaser or person deraigning title under such purchaser the amount of the purchase price for which the property was sold at such sale plus an amount equal to interest on such purchase price from the date of such sale to the date of redemption at the rate of six percent per annum plus a fee of $2.00 to cover the expense of a conveyance. If the redemption is made from the municipality, the payment may be made upon such terms including installment payments as the governing body of the municipality may approve.

Legislative History

(Code 1907, §1406; Code 1923, §2221; Acts 1927, No. 639, p. 753; Acts 1932, Ex. Sess., No. 269, p. 272; Acts 1939, No. 204, p. 354; Code 1940, T. 37, §562.)