Title 8 — Title 8
0 chapters · 1,049 sections in this title.
Ala. Code § 8-42-1 Legislative Findings
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The Legislature finds and declares all of the following: (1) Wholesaling real property occurs when a buyer enters into a contract for purchase and sale of a single-family residential property with the seller of the property thereby creating the buyer’s equitable interest in the p…
Ala. Code § 8-42-2 Assignment of Equitable Interest in Single-Family Residential Property;
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Disclosure Requirements. (a) A person may acquire an equitable interest in a single-family residential property as the buyer under a contract for the purchase and sale of the property and then may assign or offer to assign the interest for a fee if the buyer discloses in writing …
Ala. Code § 8-42-3 Application of Chapter; Liens; Unfair Service Agreements
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(a) For purposes of this section the following terms have the following meanings: (1) RECORDING. Presenting a document to a county judge of probate for official placement in the public land records. (2) RESIDENTIAL REAL ESTATE. Real property located in this state which is used pr…