(a) Whenever any person shall purchase in good faith and for a valuable consideration real estate from an insane person without notice of such insanity, such contract and conveyance shall not be void; but such insane person may recover from the vendee, or those claiming under him, the difference between the market value of such real estate at the time of the sale and the price paid therefor, with interest thereon, and shall have a lien on such real estate to secure the same.
(b) Purchasers from such vendee without notice of the insanity of the original vendor shall be protected in like manner and have the benefits of this section.
Structure Code of Alabama
Title 8 - Commercial Law and Consumer Protection.
Section 8-1-170 - Contracts of Insane Person Void; Exceptions; Liability for Necessaries Furnished.
Section 8-1-171 - Conveyance of Real Estate by Insane Person Not Void if Made in Good Faith.
Section 8-1-172 - Mortgage Taken in Good Faith on Real Estate of Insane Person Not Void.