HB 496 - Requires Adjoining Homeowners to Receive Notice of Lien Foreclosures - Alabama Key Vote

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Title: Requires Adjoining Homeowners to Receive Notice of Lien Foreclosures

Vote Smart's Synopsis:

Vote to pass a bill that requires adjoining homeowners to receive notice of lien foreclosures in Alabama.

Highlights:

  • Requires municipalities to establish procedures that allow adjoining property owners to submit bids before public auction (Sec. 1). 

  • Requires such bidders to submit an affidavit stating that they are an owner/occupant of an immediately adjoining property, and that they are exempt or eligible for exemption from ad valorem taxes (Sec. 1). 

  • Authorizes a municipality to accept the highest bid from an adjoining owner and cancel the public auction for such property (Sec. 1).

  • Authorizes a municipality to proceed with a public sale if there are no bids from adjoining owners (Sec. 1). 

  • Specifies that this Act is effective on October 1, 2026 (Sec. 2).

Title: Requires Adjoining Homeowners to Receive Notice of Lien Foreclosures

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