Alabama Code (Last Updated: November 28, 2014) |
Title24 HOUSING. |
Chapter1. HOUSING AUTHORITIES. |
Article2. Municipal Housing Authorities. |
§24-1-41. Title acquired by purchasers at sale of authority property subject to agreements with government.
Latest version.
-
Notwithstanding anything in this article to the contrary, any purchaser or purchasers at a sale of real or personal property of the authority, whether pursuant to any foreclosure of a mortgage, pursuant to judicial process or otherwise, shall obtain title subject to any contract between the authority and a government relating to the supervision by a government of the operation and maintenance of such property and the construction of improvements thereon.