Code of Alabama - Title 40: Revenue and Taxation - Chapter 22 - Recordation Tax

• Section 40-22-1 Deeds, bills of sale, etc
  (a) Except as set out in subsection (b), no deed, bill of sale, or other instrument of like character which conveys any real or personal...
• Section 40-22-2 Mortgages, deeds of trust, etc., generally
  No mortgage, deed of trust, contract of conditional sale, or other instrument of like character which is given to secure the payment of any debt...
• Section 40-22-3 Tax on mortgages not applicable to any bank unless applicable to all
  The term "bank" as used in this section shall be held to mean a corporation holding a charter issued by the Comptroller of the United...
• Section 40-22-4 Exemption of production credit corporations and associations
  No tax levied upon the recordation of mortgages, deeds of trust, and instruments of like character shall be levied upon or collected from any corporation...
• Section 40-22-5 Exemption of certain farm loans from tax
  No tax levied upon the recordation of mortgages, deeds of trust, and instruments of like character shall be levied upon or collected from any corporation...
• Section 40-22-5.1 Exemption of certain conveyances by religious organizations from tax
  No tax under Section 40-22-1 shall be levied upon the recordation of any deed, bill of sale, or any similar instrument or conveyances of like...
• Section 40-22-6 Tax upon recording transfer of instrument recorded by exempt institution - Generally
  If any mortgage, deed of trust, contract of conditional sale, or other instrument of like character heretofore or hereafter filed for record in any probate...
• Section 40-22-7 Tax upon recording transfer of instrument recorded by exempt institution - Certification of payment of tax
  Upon the filing for record of a transfer under Section 40-22-6 and upon payment of such tax and recording fees, the probate judge or his...
• Section 40-22-8 Tax upon recording transfer of instrument recorded by exempt institution - Transfers not subject to tax imposed by Section 40-22-1
  No transfer under Section 40-22-6 hereafter filed for record shall be subject to the recording privilege tax imposed by Section 40-22-1.
• Section 40-22-9 Tax upon recording transfer of instrument recorded by exempt institution - Debt secured by instrument so transferred exempt from ad valorem taxes
  If the recording privilege tax imposed by Sections 40-22-6 through 40-22-11 of this title or by Section 40-22-2 is paid, the debt secured by the...
• 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
  If any transfer of any such mortgage, deed of trust, contract of conditional sale, or other instrument of like character described in Section 40-22-6 has...
• Section 40-22-11 Tax upon recording transfer of instrument recorded by exempt institution - Waiver of exemption from payment of recording tax
  Any corporation, organization, or institution now or hereafter exempt from the recording privilege tax imposed by Section 40-22-2 may, at the time of presenting for...
• Section 40-22-12 Tax upon recording transfer of instrument recorded by exempt institution - Construction of Sections 40-22-6 through 40-22-11
  Sections 40-22-6 through 40-22-11 are remedial and shall be liberally construed. If any section or provision of such sections is held to be void or...

Last modified: May 3, 2021