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Alabama Real Estate Q&A Discussion Forum
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Updated almost 7 years ago on . Most recent reply

User Stats

12
Posts
4
Votes
Tasha Pams
  • Flipper/Rehabber
  • Birmingham, Al
4
Votes |
12
Posts

Alabama tax deed and redemption

Tasha Pams
  • Flipper/Rehabber
  • Birmingham, Al
Posted

If I purchased a tax deed and put a tenant in place, what happens to the tenant if the owner redeems? 

Most Popular Reply

User Stats

60
Posts
22
Votes
Brittany Thompson
  • Real Estate Consultant
  • Birmingham, AL
22
Votes |
60
Posts
Brittany Thompson
  • Real Estate Consultant
  • Birmingham, AL
Replied

It is my understanding that you would need a 30 day vacate clause in your rental agreement. If the owner, completes the steps in the redemption process, they can get the property back....Seek legal though to be on the safe side and Denise Evans in a well-respected pro and offers a class.

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