HB256
164938-1:n:03/02/2015:MCS/agb LRS2015-767 HB256 By Representatives Johnson (K), Greer, Lee, Henry, Collins, Fridy, Davis, Moore (B), Beckman, Butler, Fincher, Garrett, Ledbetter, Tuggle, Wingo, Martin, Black, Hill (M), South, Shedd, Ingram, Ford, Hurst, Chesteen, Pringle, Brown, Nordgren, Jones, Sessions, Boothe, Beech, Ball, Baker, Sanderford, Mooney, Rich, Pettus, Whorton (R), Patterson, Daniels and Williams (JD) RFD Judiciary Rd 1 11-MAR-15 SYNOPSIS: Under existing law, a person has one year to redeem real property that is sold for nonpayment of taxes or that is foreclosed on. This bill would reduce the redemption period to 90 days for residential property on which a homestead exemption was claimed in the tax year during which the sale or foreclosure occurred. A BILL TO BE ENTITLED AN ACT Relating to redemption of certain real property for nonpayment of taxes and of certain real property foreclosed on under a mortgage or sold by virtue of a judgment; to reduce the redemption period;...
alisondb.legislature.state.al.us/...bleinstruments/2015rs/bills/HB256.htm - 9K - Match Info - Similar pages
SB124
SB124 By Senators Reed, Scofield, Waggoner, Smith, Albritton, Melson, Holley, Hightower, Ward, Dial, Marsh, Chambliss, Stutts, Bussman, Williams and Livingston ENROLLED, An Act, Relating to redemption of certain real property foreclosed on under a mortgage or sold by virtue of a judgment; to reduce the redemption period; to amend Sections 6-5-248, 6-5-252, and 8-1-172 of the Code of Alabama 1975; and to provide for partial prospective operation. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 6-5-248, 6-5-252, and 8-1-172 of the Code of Alabama 1975, are amended to read as follows: §6-5-248. "(a) Where real estate, or any interest therein, is sold the same may be redeemed by: "(1) Any debtor, including any surety or guarantor. "(2) Any mortgagor, even if such the mortgagor is not personally liable for payment of a debt. "(3) Any junior mortgagee, or its transferee. "(4) Judgment creditor, or its transferee. "(5) Any transferee of the interests of the debtor or...
alisondb.legislature.state.al.us/...bleinstruments/2015rs/bills/SB124.htm - 10K - Match Info - Similar pages
HB141
162316-2:n:03/02/2015:LLR/agb LRS2014-2497R1 HB141 By Representative Todd RFD Financial Services Rd 1 05-MAR-15 SYNOPSIS: Under existing law, a fee is required to record certain mortgages, deeds of trust, contracts of conditional sale, or other instruments of like character which is given to secure the payment of any debt which conveys any real or personal property. This bill would increase the fee for recording of certain mortgages, deeds of trust, contracts of conditional sale, or other instruments of like character which is given to secure the payment of any debt which conveys any real or personal property. This bill would modify the rate and distribution of the Mortgage Record Tax in order to provide a dedicated revenue for the Alabama Housing Trust Fund. A BILL TO BE ENTITLED AN ACT To amend Section 40-22-2, Code of Alabama 1975; to increase the fee for recording of certain mortgages, deeds of trust, contracts of conditional sale, or other instruments of like character which is...
alisondb.legislature.state.al.us/...bleinstruments/2015rs/bills/HB141.htm - 19K - Match Info - Similar pages
SB235
165081-1:n:03/02/2015:FC/agb LRS2015-832 SB235 By Senator Marsh RFD County and Municipal Government Rd 1 17-MAR-15 SYNOPSIS: This bill would authorize any Class 5 municipality to establish an expedited quiet title procedure to establish clear title to tax sale properties acquired from the State Land Commissioner pursuant to Chapter 10 of Title 40, Code of Alabama 1975. A BILL TO BE ENTITLED AN ACT Relating to Class 5 municipalities; to authorize Class 5 municipalities to file an expedited quiet title and foreclosure action in circuit court to establish clear title to abandoned tax sale properties within the corporate limits that are acquired from the State Land Commissioner pursuant to Chapter 10, Title 40, Code of Alabama 1975; and to provide for the procedure and due process for the action in circuit court. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. This act shall apply only in a Class 5 municipality and provides the exclusive procedure for an expedited quiet title and...
alisondb.legislature.state.al.us/...bleinstruments/2015rs/bills/SB235.htm - 12K - Match Info - Similar pages
HB269
164570-2:n:02/23/2015:FC/agb LRS2015-477R1 HB269 By Representatives Faulkner, Hill (J), Wadsworth, South, Weaver, Rowe, Fridy, Hill (M), McCutcheon, Gaston, Drake, Carns, Garrett, Clouse and Mooney RFD Judiciary Rd 1 12-MAR-15 SYNOPSIS: Under current law, the primary remedy against asset dissipation has traditionally been an "in rem" order prohibiting the transfer of specific assets. Such prejudgment attachments are based in equity and require particularized showings of fraud. This bill would enact the Alabama Uniform Asset-Preservation Orders Act. The bill would create a process for the issuance of asset preservation orders, which are in personam orders that prevent the dissipation of assets of parties to a civil action and imposing collateral restraint on nonparties such as the party's bank, in order to preserve assets from dissipation, pending judgment. A BILL TO BE ENTITLED AN ACT To enact the Alabama Uniform Asset-Preservation Orders Act; to provide procedures in civil actions for...
alisondb.legislature.state.al.us/...bleinstruments/2015rs/bills/HB269.htm - 17K - Match Info - Similar pages
SB196
164570-2:n:02/23/2015:FC/agb LRS2015-477R1 SB196 By Senator Smitherman RFD Judiciary Rd 1 10-MAR-15 SYNOPSIS: Under current law, the primary remedy against asset dissipation has traditionally been an "in rem" order prohibiting the transfer of specific assets. Such prejudgment attachments are based in equity and require particularized showings of fraud. This bill would enact the Alabama Uniform Asset-Preservation Orders Act. The bill would create a process for the issuance of asset preservation orders, which are in personam orders that prevent the dissipation of assets of parties to a civil action and imposing collateral restraint on nonparties such as the party's bank, in order to preserve assets from dissipation, pending judgment. A BILL TO BE ENTITLED AN ACT To enact the Alabama Uniform Asset-Preservation Orders Act; to provide procedures in civil actions for the court to issue asset-preservation orders against parties and nonparties to the civil action under certain conditions. BE...
alisondb.legislature.state.al.us/...bleinstruments/2015rs/bills/SB196.htm - 17K - Match Info - Similar pages
SB220
SB220 By Senators Hightower, Glover and Albritton ENROLLED, An Act, To allow a county, municipality, or improvement district to adopt a program to issue bonds, notes, or other types of financing methods to finance improvements to certain real properties through assessments on the property tax bill, for the purpose of increasing energy efficiency and community resilience to storm-related events; to authorize a local government to impose assessments to fund qualifying improvements for qualified projects; to require a local government to designate areas where projects would be completed; to provide procedures for adoption of a program; to provide for the hiring of program administrators and staff; to authorize fees to offset costs; to provide for the contractual obligations of the local government and the record owner of the affected real property; to require notice to certain property owners; to provide that assessments are a lien on real property; to provide for enforcement; and to...
alisondb.legislature.state.al.us/...bleinstruments/2015rs/bills/SB220.htm - 22K - Match Info - Similar pages
SB29
162602-3:n:10/09/2014:LLR/tj LRS2014-2608R2 SB29 By Senator Coleman RFD Banking and Insurance Rd 1 03-MAR-15 SYNOPSIS: Under existing law a debt collector is required to be licensed to collect debt in Alabama. This bill would require debt buyers and other debt collectors to possess certain basic information about the debt before initiating collection efforts, including proof of indebtedness by the consumer, date of the debt, identity of the original creditor, and itemization of all fees, charges, and payments. This bill would prohibit the collection of a consumer debt by any party not in possession of at least a copy of the original contract, or other documentation evidencing the consumer's liability. This bill would require a creditor and each subsequent holder of the debt to retain and pass on to the next holder all communications from the consumer concerning the debt and information about all known disputes and defenses. This bill would allow consumers to record abusive telephone...
alisondb.legislature.state.al.us/...ableinstruments/2015rs/bills/SB29.htm - 71K - Match Info - Similar pages
HB241
Rep(s). By Representatives McCutcheon, Daniels, Hill (M), Fridy, Faust, Davis, Rich, Sanderford, Johnson (K), Ball, Wood, Drake, Patterson, Ainsworth, Ledbetter, Williams (P) and Collins HB241 ENROLLED, An Act, Relating to certain homeowners' associations; to define terms; to require certain associations to organize under the Alabama Nonprofit Corporation Act; to require the filing of certain association documents with the Secretary of State; and to require the Secretary of State to implement and maintain a public searchable electronic database of association filings; to provide for the election of a board of directors; to require the declarant to deliver certain information to the board upon election; to provide for notice of meetings to members of the association; to authorize a homeowners' association to adopt and enforce rules regarding the use of the common areas; to provide for the enforcement of rules against tenants of a member of the association; to authorize the association...
alisondb.legislature.state.al.us/...bleinstruments/2015rs/bills/HB241.htm - 20K - Match Info - Similar pages
SB473
168718-2:n:05/11/2015:FC*/mfc LRS2015-1882R1 SB473 By Senators Figures, Hightower, Albritton and Glover RFD Local Legislation, Mobile County Rd 1 12-MAY-15 SYNOPSIS: This bill would apply only to Class 2 municipalities and would authorize the establishment of Redevelopment Authorities in the municipalities to finance projects in development areas to revitalize and redevelop blighted or economically distressed areas of the municipalities. A BILL TO BE ENTITLED AN ACT Relating to Class 2 municipalities; to authorize the establishment of Redevelopment Authorities in the municipalities to finance projects in development areas to revitalize and redevelop blighted or economically distressed areas of the municipalities. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. This act shall only apply in a Class 2 municipality. Section 2. Chapter 54C is added to Title 11, Code of Alabama 1975, to read as follows: Chapter 54C. REDEVELOPMENT AUTHORITIES IN CLASS 2 MUNICIPALITIES. §11-54C-1....
alisondb.legislature.state.al.us/...bleinstruments/2015rs/bills/SB473.htm - 44K - Match Info - Similar pages
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