Alabama Code of Alabama Title 24 Chapter 1B — Alabama Community Land Trust Act of 2026
Alabama Community Land Trust Act of 2026: 12 sections enabling community land trust formation, ground lease terms, resale restrictions, and ongoing affordability covenants for residential properties. Source: ALISON GraphQL API. Verified 2026-10-16.
Provisions (12)
§ 24-1B-1
Short Title.
§ 24-1B-10
Tax Exemptions.
§ 24-1B-11
Loss of Nonprofit Status; Transfer of Interests.
§ 24-1B-12
Construction of Chapter.
§ 24-1B-2
Applicability.
§ 24-1B-3
Definitions.
§ 24-1B-4
Creation and Organization of Community Land Trusts.
§ 24-1B-5
Purpose; Bylaws; Board of Directors; Political Activity; Audits.
§ 24-1B-6
Powers and Duties.
§ 24-1B-7
Real Property Leasing; Affordable Housing Requirements.
§ 24-1B-8
Preemptive Purchase Options.
§ 24-1B-9