Ala. Admin. Code r. 490-X-2-.01

Current through Register Vol. 43, No. 1, October 31, 2024

Section 490-X-2-.01 - Procedures For Application For Conveyance Of Tax-Delinquent Property

(1) Any individual or entity seeking a conveyance of available tax-delinquent property shall submit to the Authority an application which shall include the following information:

(a) Name, address, and contact information, including phone number(s) and email address of the applicant;

(b) The property's physical address;

(c) The property's legal description;

(d) The market value of the property as determined by the appropriate county official responsible for assessing property in the jurisdiction in which the property is found. Applicant must attach a copy of the assessment sheet obtained from the office of this official;

(e) A monetary offer for the purchase of the property which shall not be less than the stated market value.

1. If the applicant requests a conveyance of the property for less than the market value, the applicant must provide separate documentation setting forth the reasons the applicant believes the property should be conveyed for less than the market value; and,

(f) Documentation describing the proposed utilization of the property including, but not limited to, any public benefit that may arise from the acquisition and re-development of the property.

(g) If available, the applicant shall also include the following in the application packet:

1. Photographs of the property in current condition;

2. Historical photographs of the property;

3. Plans, drawings and/or renderings of the proposed property use;

4. Copies of prior public notice(s) related to the disposition of the property; and,

5. Any other information the applicant believes would be helpful to the Board when reviewing the application.

(2) The application for the conveyance of available tax-delinquent property may be obtained by contacting the Department of Revenue at (334) 242-1539.

Ala. Admin. Code r. 490-X-2-.01

Adopted by Alabama Administrative Monthly Volume XXXVII, Issue No. 03, December 28, 2018, eff. 1/24/2019.

Author: Susan Wilhelm

Statutory Authority:Code of Ala. 1975, §§ 24-9-6, 24-9-7.