2021 Code of Alabama
Title 43 - Wills and Decedents' Estates.
Chapter 2 - Administration of Estates.
Article 16 - Sale of Personal Property.
Section 43-2-417 - Resale Upon Failure of Purchaser to Comply With Terms; Liability for Deficiency.

Universal Citation: AL Code § 43-2-417 (2021)

Section 43-2-417

Resale upon failure of purchaser to comply with terms; liability for deficiency.

If the purchaser fails to comply with the terms of the sale, the executor or administrator may again proceed to advertise and sell the property. If, on another and a completed sale, the property sells for a less sum than the amount bid at the former sale, the purchaser so in default is liable to the executor, administrator or any person damaged for the deficiency, and also the expense of the sale.

(Code 1896, §149; Code 1907, §2613; Code 1923, §5840; Code 1940, T. 61, §235.)

Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.