the property is sold at a tax auction the next spring. Buyers are mostly institutional investors lured to Alabama by the 12 percent interest they can earn on money they pay to buy the tax deed.

It cited “well-settled” Alabama case law (all from before the 1970s) holding that that when a person loans another money to purchase land and the seller thereby deeds the property directly to ...

There are two types of tax sales in Alabama. The first involves the ... which certificate may later be exchanged for a deed to the property. Under the second, recently updated, system, the ...