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.
Ala. Code § 24-1-41
Title Acquired by Purchasers at Sale of Authority Property Subject to Agreements with Government.
Known as the Housing Authorities Law
The act spans §§ 24-1-20 to 24-1-45 (27 sections).
(Acts 1935, No. 56, p. 126; Code 1940, T. 25, §26.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.