Alabama Tax Lien Certificates
Alabama tax lien certificates are sold at County Tax Sales during the month of May each year. The bidding begins at just the back taxes owed. The winning bidder at an Alabama tax sale is the bidder with the greatest bid.
The original owner has (3) three years to redeem his or her interest in the property. To redeem, the original owner must tender the amount the investor paid to purchase the Alabama tax lien certificate plus 12% per annum on the minimum and the overbid (see notes on bidding).
If the property is not redeemed within the (3) three year redemption period the purchaser of the Alabama tax lien certificate can apply for a tax deed to the property.
Tax Sale Type: Tax Lien Certificates (Sec. 40-10-19 )
Penalty Rate: Not Applicable Not Applicable
Important. According to (Sec. 40-10-29 and Sec. 40-10-30 ) after the 3 year redemption period has expired the judge of probate must execute and deliver to the purchaser...a deed to each lot or parcel of real estate sold to the purchaser and remaining unredeemed...and such deed conveyed upon expiration of the redemption period is not sufficient.
As the purchaser of an Alabama tax lien certificate you need to be aware that you will need to consult a legal professional for assistance with a quiet title action.
Alabama Department of Revenue
Property Tax Division
50 North Ripley
Montgomery, AL 36132
Visit Alabama Department of Revenue Website
Caution on bidding. According to (Sec. 40-10-122 ) the bidder will only earn interest at the rate of 12 percent per annum on the amount of all taxes and any excess bid that is less than or equal to 15 percent of the market value as established by the county board of equalization which can be determined by reviewing the tax collector records.
Therefore, should the investor should enter into competitive bidding, he or she should never place a bid in excess of 15 percent of the value as determined by the county board of equalization.
Disposition of excess arising from sale. According to (Sec. 40-10-28 ) the proceeds or excess funds generated from the sale of real estate remaining after satisfying the amount of the decree of sale, costs, fees, subsequently accruing, are to be paid to the owner, or his agent, or to the person legally representing such owner, or into the county treasury.
Tax sale overages. According to (Sec. 40-10-28 ) if such tax sale proceeds, tax sale overages, or excess funds are not requested within three years after the sale of the property such money shall thereafter be treated as part of the general fund of the county. In addition, any time within 10 years after the funds have been deemed as part of the general fund of the county, on proof made by any person that he is the rightful owner of such excess money order the payment thereof to such owner, his heir or legal representative else such excess funds shall become the property of the county.
Agreement to locate property. According to (Sec. 35-12-93 ) "(a) An agreement by an owner, the primary purpose of which is to locate, deliver, recover, or assist in the recovery of property that is presumed abandoned is void and unenforceable if it was entered into during the period commencing on the date the property was presumed abandoned and extending to a time that is 24 months after the date the property is paid or delivered to the Treasurer. ..." and "(e) An owner who has agreed to pay compensation that is unconscionable, may maintain an action to reduce the compensation to a conscionable amount. ..."
Presumption of abandonment. In addition (Sec. 35-12-72 ) says "(a) Property is presumed abandoned if it is unclaimed by the apparent owner during the time set forth below for the particular property: (13) Property held by a court, government, governmental subdivision, agency, or instrumentality, one year after the property becomes distributable. ..."
Alabama Tax Sale Discussion
Below you will find a collection of the latest user questions and comments relating to Tax Lien Certificates Alabama.
Counties located in Alabama
The following is a list of counties located in the state of Alabama.
Tax Lien Certificates for properties located in the following counties are sold at Alabama county tax sales.
Learn more about each county's individual tax sale process by clicking on the name of the county for which you are interested from the list below:
|County / Municipality:||Auction Type:||Population:|
|Autauga County, AL||Tax Lien Certificates||43,671|
|Baldwin County, AL||Tax Lien Certificates||140,415|
|Barbour County, AL||Tax Lien Certificates||29,038|
|Bibb County, AL||Tax Lien Certificates||20,826|
|Blount County, AL||Tax Lien Certificates||51,024|
|Bullock County, AL||Tax Lien Certificates||11,714|
|Butler County, AL||Tax Lien Certificates||21,399|
|Calhoun County, AL||Tax Lien Certificates||112,249|
|Chambers County, AL||Tax Lien Certificates||36,583|
|Cherokee County, AL||Tax Lien Certificates||23,988|
|Chilton County, AL||Tax Lien Certificates||39,593|
|Choctaw County, AL||Tax Lien Certificates||15,922|
|Clarke County, AL||Tax Lien Certificates||27,867|
|Clay County, AL||Tax Lien Certificates||14,254|
|Cleburne County, AL||Tax Lien Certificates||14,123|
|Coffee County, AL||Tax Lien Certificates||43,615|
|Colbert County, AL||Tax Lien Certificates||54,984|
|Conecuh County, AL||Tax Lien Certificates||14,089|
|Coosa County, AL||Tax Lien Certificates||12,202|
|Covington County, AL||Tax Lien Certificates||37,631|
|Crenshaw County, AL||Tax Lien Certificates||13,665|
|Cullman County, AL||Tax Lien Certificates||77,483|
|Dale County, AL||Tax Lien Certificates||49,129|
|Dallas County, AL||Tax Lien Certificates||46,365|
|Dekalb County, AL||Tax Lien Certificates||64,452|
|Elmore County, AL||Tax Lien Certificates||65,874|
|Escambia County, AL||Tax Lien Certificates||38,440|
|Etowah County, AL||Tax Lien Certificates||103,459|
|Fayette County, AL||Tax Lien Certificates||18,495|
|Franklin County, AL||Tax Lien Certificates||31,223|
|Geneva County, AL||Tax Lien Certificates||25,764|
|Greene County, AL||Tax Lien Certificates||9,974|
|Hale County, AL||Tax Lien Certificates||17,185|
|Henry County, AL||Tax Lien Certificates||16,310|
|Houston County, AL||Tax Lien Certificates||88,787|
|Jackson County, AL||Tax Lien Certificates||53,926|
|Jefferson County, AL||Tax Lien Certificates||662,047|
|Lamar County, AL||Tax Lien Certificates||15,904|
|Lauderdale County, AL||Tax Lien Certificates||87,966|
|Lawrence County, AL||Tax Lien Certificates||34,803|
|Lee County, AL||Tax Lien Certificates||115,092|
|Limestone County, AL||Tax Lien Certificates||65,676|
|Lowndes County, AL||Tax Lien Certificates||13,473|
|Macon County, AL||Tax Lien Certificates||24,105|
|Madison County, AL||Tax Lien Certificates||276,700|
|Marengo County, AL||Tax Lien Certificates||22,539|
|Marion County, AL||Tax Lien Certificates||31,214|
|Marshall County, AL||Tax Lien Certificates||82,231|
|Mobile County, AL||Tax Lien Certificates||399,843|
|Monroe County, AL||Tax Lien Certificates||24,324|
|Montgomery County, AL||Tax Lien Certificates||223,510|
|Morgan County, AL||Tax Lien Certificates||111,064|
|Perry County, AL||Tax Lien Certificates||11,861|
|Pickens County, AL||Tax Lien Certificates||20,949|
|Pike County, AL||Tax Lien Certificates||29,605|
|Randolph County, AL||Tax Lien Certificates||22,380|
|Russell County, AL||Tax Lien Certificates||49,756|
|Shelby County, AL||Tax Lien Certificates||143,293|
|St Clair County, AL||Tax Lien Certificates||64,742|
|Sumter County, AL||Tax Lien Certificates||14,798|
|Talladega County, AL||Tax Lien Certificates||80,321|
|Tallapoosa County, AL||Tax Lien Certificates||41,475|
|Tuscaloosa County, AL||Tax Lien Certificates||164,875|
|Walker County, AL||Tax Lien Certificates||70,713|
|Washington County, AL||Tax Lien Certificates||18,097|
|Wilcox County, AL||Tax Lien Certificates||13,183|
|Winston County, AL||Tax Lien Certificates||24,843|
Tax Lien University, Inc. is an educational organization, and individual performance depends upon the individual skills, time availability, and dedication of each student. Testimonials included may not represent typical results. Unique experiences and past performances do not guarantee future results. Tax Lien University, Inc. its owners, employees, and affiliates do not give investment or financial advice and are not licensed as brokers by or registered as advisors with any agency. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.
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Tax Lien Certificate States
Research all fifty (50) states to determine which offers the right interest rate, redemption period, and more.
Tax Lien Certificate Reports
Below is a list of free articles on how to profit with tax lien certificates, tax deeds, and more.
- What are Liens
- The Effects of Liens on Title
- How Lien Priority is Established
- What are Tax Lien Certificates
- How to Buy Tax Lien Certificates
- Learn the Tax Sale Bid Methods
- Buy Tax Liens with a Business
- Over the Counter Tax Liens
- How to get the Tax Sale List
- Profits with Tax Sale Overages
- Tax Lien and Tax Deed States
- Tax Lien Profit Calculator
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