(a) An agreement under this article, or a memorandum summarizing its terms and describing the subject property, after being executed and acknowledged by the parties, may be recorded, or rerecorded, in the same manner and with the same effect as a conveyance of real property.
(b) The record of the agreement or summary of agreement ceases to be notice to any person for any purpose after two years following the date of recordation or rerecordation under subsection (a).
Structure Code of Alabama
Chapter 1A - Eminent Domain Generally.
Article 15 - Arbitration of Compensation.
Section 18-1A-250 - Arbitration of Compensation Authorized; Noncompliance With Articles 2 and 3.
Section 18-1A-251 - Enforceability of Agreement.
Section 18-1A-252 - When Agreement May Be Made; Effect on Right to Commence Condemnation Action.
Section 18-1A-253 - Effect of Pending Condemnation Action.
Section 18-1A-254 - Absence of Concurrent Condemnation Action.
Section 18-1A-255 - Arbitration Procedure.