Real estate laws are a set of laws surrounding diverse aspects like the homeowner and tenant related issues, security deposits and more.
Alabama real estate laws include:
- Adverse possession law:
The law deals with the condition when an individual lives on a property of another person till he acquires a title of the property.
- Homestead exemption law:
An amount of about $5000 can be used to register for the homestead property.
- Laws surrounding the real estate lease:
The law states that the security amount deposited by an individual depends on the length of property lease.