Alabama § 6-10-98 Reduced Homestead Incapable of Allotment - Sale - Purchase by Persons Entitled to Homestead Exemption

Alabama Statutes

§ 6-10-98 — Reduced Homestead Incapable of Allotment - Sale - Purchase by Persons Entitled to Homestead Exemption

Alabama·Title 6 Civil Practice·Ch. 10 Exemptions·Art. 2 Exemptions from Administration and Payment of Debts·Div. 2 Setting Apart Exemptions to Surviving Spouse and Minor Children

When the purchase of such homestead is by or on behalf of the persons entitled to the homestead exemptions, the sum of $6,000 need not be actually paid to the representative, but, if the sale is confirmed, may be credited on the bid; and on the payment of the residue of such bid, a proper conveyance must be made to them as such purchasers, vesting the title in the persons entitled to the exemption, share and share alike, and be held and governed by Section 6-10-60.

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When the purchase of such homestead is by or on behalf of the persons entitled to the homestead exemptions, the sum of $6,000 need not be actually paid to the representative, but, if the sale is confirmed, may be credited on the bid; and on the payment of the residue of such bid, a proper conveyance must be made to them as such purchasers, vesting the title in the persons entitled to the exemption, share and share alike, and be held and governed by Section 6-10-60.

Alabama § 6-10-98 (Reduced Homestead Incapable of Allotment - Sale - Purchase by Persons Entitled to Homestead Exemption) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.