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Dimitry Esquire
Dimitry Esquire, Attorney
Category: Real Estate Law
Satisfied Customers: 41221
Experience:  JA Mentor, multiple jurisdictions, specialize in business/contract disputes, estate creation & admin
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An investor has purchased three properties i owned

Customer Question

hi an investor has purchased three properties i owned for back taxes the investor has been issued three tax deeds is there any right of redemption for me
Submitted: 2 years ago.
Category: Real Estate Law
Customer: replied 2 years ago.
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Expert:  Dimitry Esquire replied 2 years ago.
Thank you for your post. Please permit me to assist you with your concerns. In what state are the properties located in, please?
Customer: replied 2 years ago.
Expert:  Dimitry Esquire replied 2 years ago.
Hi,In Alabama Ala. Code §§ 6-5-247 et seq. governs the rights of redemption. The right to redeem expressly refers to real property that is “sold”; the actual definition includes “[a]ny execution, judgment or foreclosure sale, whether the sale is made under power of sale in any mortgage or deed of trust or statutory power of sale, or by virtue of any judgment in any court of competent jurisdiction.” Ala. Code § 6-5-247(1) You are given 1 year to exercise this right, and begins running from the date of the foreclosure sale at which the real property at issue was sold. Sincerely, ***** *****

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