Section 40-22-10 Tax Upon Recording Transfer of Instrument Recorded by Exempt Institution - Exemption of Debt Secured by Instrument Upon Which Recording Tax Has Previously Been Paid. — United States — Alabama law | Esheria

Section 40-22-10 Tax Upon Recording Transfer of Instrument Recorded by Exempt Institution - Exemption of Debt Secured by Instrument Upon Which Recording Tax Has Previously Been Paid.

A debt secured by a transferred instrument may be exempt from state, county, and municipal ad valorem tax if the transfer was recorded in a probate office and the recording privilege tax was paid.

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Jurisdiction
United States — Alabama
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
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ad valorem tax exemption recording tax

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