Alabama Code 43-2-416. When bid rejected and sale postponed
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Terms Used In Alabama Code 43-2-416
- Executor: A male person named in a will to carry out the decedent
- property: includes both real and personal property. See Alabama Code 1-1-1
When the highest amount bid for the property, or any part thereof, is, in the opinion of the executor or administrator, greatly less than its fair value, he may withdraw the property and postpone the sale.