(a) The amendments to Sections 6-5-248, person entitled to redeem” class=”unlinked-ref” datatype=”S” sessionyear=”2020″ statecd=”AL” title=”6″>6-5-252, and 8-1-172, by Act 2015-79 are prospective and shall not apply to the following:

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Terms Used In Alabama Code 6-5-248.1

  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • following: means next after. See Alabama Code 1-1-1
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • person: includes a corporation as well as a natural person. See Alabama Code 1-1-1
  • property: includes both real and personal property. See Alabama Code 1-1-1
(1) Sales made under a power of sale contained in any mortgage or junior mortgage dated prior to January 1, 2016.
(2) Sales made pursuant to a statutory power of sale with respect to any mortgage or junior mortgage dated prior to January 1, 2016.
(3) Sales by virtue of a judgment rendered by a court prior to January 1, 2016.
(b) Except as provided in subsection (a), the amendments in Sections 6-5-248, 6-5-252, and 8-1-172 reducing the period during which a person is required to exercise the right of redemption or file his or her complaint shall apply to all sales of property foreclosed under a mortgage or sold by virtue of a judgment.
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