Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/6-5-248.1.htm |
---|---|
Depth: | 0 singles |
Size: | 1,188 bytes |
Modified: | 2016-01-07 12:39:50 |
Categories: | -None- |
Title: | 6-5-248.1 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 6-5-248.1 Application of Act 2015-79. (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. (Act 2015-79, ยง2.) |