Alabama § 35-4-64 Purchasers Protected in Dealing with Record Owner as Owner of Indebtedness

Alabama Statutes

§ 35-4-64 — Purchasers Protected in Dealing with Record Owner as Owner of Indebtedness

Alabama·Title 35 Property·Ch. 4 Conveyances and Creation of Estates·Art. 3 Recordation and Registration in General·Div. 1 General Provisions

Purchasers of real property against which there are recorded mortgages, vendor’s liens, judgments, and other liens shall be protected in assuming that the record owner of such liens is the owner of the indebtedness secured by the same and in dealing with such record owner as the owner of such indebtedness.
Cancellation of the record of mortgages, vendor’s liens, judgments, and other liens by the record owner of the same shall be valid as to purchasers of the real property affected by liens of such character.

Free access — add to your briefcase to read the full text and ask questions with AI

Purchasers of real property against which there are recorded mortgages, vendor’s liens, judgments, and other liens shall be protected in assuming that the record owner of such liens is the owner of the indebtedness secured by the same and in dealing with such record owner as the owner of such indebtedness.
Cancellation of the record of mortgages, vendor’s liens, judgments, and other liens by the record owner of the same shall be valid as to purchasers of the real property affected by liens of such character.

Alabama § 35-4-64 (Purchasers Protected in Dealing with Record Owner as Owner of Indebtedness) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.