Alabama Code (Last Updated: November 28, 2014) |
Title35 PROPERTY. |
Chapter6. PARTITION. |
Article4A. Purchase of Interest of Joint Owner Filing for Partition. |
§35-6-102. Payment of appraised value into court; time period; transfer of title.
Latest version.
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After the report of the appraisers or commissioners, the tenants in common or joint owners seeking to purchase the interests of those filing the petition shall have 30 days to pay into the court the price set as the value of those interests to be purchased. Upon such payment and approval of same by the court, the clerk shall execute and deliver or cause to be executed and delivered the proper instruments transferring title to the purchasers.