Alabama § 6-5-248.1 Application of Act 2015-79

Alabama Statutes

§ 6-5-248.1 — Application of Act 2015-79

Alabama·Title 6 Civil Practice·Ch. 5 Actions·Art. 14A Redemption of Real Estate

(a)The amendments to Sections 6-5-248, 6-5-252, and 8-1-172, by Act 2015-79 are prospective and shall not apply to the following:

(1)Sales made under a power of sale contained in any mortgage or junior mortgage dated prior to January 1, 2016.

(2)Sales made pursuant to a statutory power of sale with respect to any mortgage or junior mortgage dated prior to January 1, 2016.

(3)Sales by virtue of a judgment rendered by a court prior to January 1, 2016.

(b)Except as provided in subsection (a), the amendments in Sections 6-5-248, 6-5-252, and 8-1-172 reducing the period during which a person is required to exercise the right of redemption or file his or her complaint shall apply to all sales of property foreclosed under a mortgage or sold by virtue of a judgment.

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(a) The amendments to Sections 6-5-248, 6-5-252, and 8-1-172, by Act 2015-79 are prospective and shall not apply to the following:
(1) Sales made under a power of sale contained in any mortgage or junior mortgage dated prior to January 1, 2016.
(2) Sales made pursuant to a statutory power of sale with respect to any mortgage or junior mortgage dated prior to January 1, 2016.
(3) Sales by virtue of a judgment rendered by a court prior to January 1, 2016.
(b) Except as provided in subsection (a), the amendments in Sections 6-5-248, 6-5-252, and 8-1-172 reducing the period during which a person is required to exercise the right of redemption or file his or her complaint shall apply to all sales of property foreclosed under a mortgage or sold by virtue of a judgment.

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