Lienholder redemption period Alabamapost tax sale

Lienholder redemption period Alabamapost tax sale

Dothan, AL · Member since 2012 · 36 posts · 2 votes

I purchased a house with a mortgage last year during alabama tax lien sale . I notified their agent via certified mail with verified receipt. After the leinholder redemption period is over what should my next step be? The property is being currently used as my rental.

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  • JD, CCIM , Real Estate Broker · Tuscaloosa, AL · Member since 2014 · 1k+ posts · 1k+ votes
    8y

    @Devon Daniels Even though you sent the CMRRR  notice to the lienholder, they still have the regular 3-year administrative redemption time period to redeem. That is during the first 3 years after the auction. If you are in continuous possession of the property for 3 years and have burned off all redemption rights, you would then file a suit to quiet title.

  • Dothan, AL · Member since 2012 · 36 posts · 2 votes
    8y

    Gotcha. What is the difference between the lienholder Redemption period and the regular 3 year Redemption period?

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