Archive for the ‘Title Insurance Articles’ Category

Municipal Liens

Tuesday, November 10th, 2009
Sewer Construction

Sewer Construction

Municipal Liens

Under Alabama law municipalities are granted the authority to impose public improvement liens and/or assessments for work undertaken for the public good. Work performed in this manner includes a many different types of public works projects. In addition to assessing liens, certain municipalities can construct improvements within their police jurisdictions but outside of their corporate limits . Allowed improvements include such things as sewer systems and streets.

The city or municipality first must pass a resolution or ordinance to resolve to make a specific improvement. Once the construction of the improvement is completed, the costs associated with it can be assessed against property abutting or adjoining it or benefited by it.

The city or municipality has the legal right to collect on its lien by a public sale of the property. The official conducting the sale will execute a deed to the new buyer. This sale will be subject to any other lien of the county or state for property taxes and any other assessment for different improvements. There is a two year right of redemption allowed from such a sale and under certain circumstances the redemption period may be extended to six years.

The materials provided on this web site are for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue,problem or questions.

Statewide Title Services, Inc.

Alabama Business Entities

Tuesday, November 3rd, 2009

business

Alabama Business Entities

Aside from individuals being able to hold title to real property in Alabama, business entities can own real estate as well.

The county probate office is the office of record for recording documents for the various types of business entities that can hold title to real estate in Alabama. Most of the guidelines for setting up the various entities are found in Section 10 of the Alabama Code.

Among the various types of entities that can hold title to real property in Alabama are:

  • Real Estate Investment Trusts
  • Business Trusts
  • General Partnerships
  • Limited Partnerships
  • Limited Liability Partnerships
  • Professional Associations
  • Limited Liability Companies
  • Corporations
  • Non-Profit Associations

You can also find more corporate information at the Alabama Secretary of State Website located located here: Alabama Secretary of State

The materials provided on this web site are for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue,problem or questions.

Statewide Title Services, Inc