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Alabama · Through Act 2026-611

Ala. Code § 6-6-804: Effect of Enforcement by Mortgagee.

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Where this section sits in the code
  1. Title 6 Civil Practice.
  2. Chapter 6 Remedies.
  3. Article 18 Alabama Uniform Commercial Real Estate Receivership Act.

A request by a mortgagee for appointment of a receiver, the appointment of a receiver, or application by a mortgagee of receivership property or proceeds to the secured obligation does not do any of the following:

(1) Make the mortgagee a mortgagee in possession of the real property.

(2) Make:

a. The mortgagee an agent of the owner, receiver, or mortgagor;

b. The owner an agent of the mortgagee, receiver, or mortgagor;

c. The receiver an agent of the mortgagee, owner, or mortgagor; or

d. The mortgagor an agent of the owner, mortgagee, or receiver.

(3) Constitute an election of remedies that precludes a later action to enforce the secured obligation.

(4) Make the secured obligation unenforceable.

(5) Limit any right available to the mortgagee with respect to the secured obligation.

Collected 2026-09-03T14:01:54Z. Source file · JSON

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