Can I rent out my mortgaged property in Alabama?

@lucius 

I'm not a legal expert, but generally speaking, if you have a mortgage on a property, it is possible to rent it out in Alabama. However, it's important to review your mortgage agreement and consult with a real estate attorney or your mortgage lender to ensure there are no restrictions or clauses that prohibit renting out the property. Additionally, local regulations and homeowners' associations may also have certain rules or restrictions on renting out properties in specific areas. It's always best to seek professional advice to fully understand your rights and responsibilities as a property owner.

@lucius  It appears that there may be restrictions on renting out mortgaged properties in Alabama. Some mortgage agreements may have an "owner occupancy clause," which requires the property owner to live in the property. Renting out the property without permission from the lender may violate this clause and potentially lead to foreclosure proceedings.

It is vital to review your mortgage agreement and consult with a real estate attorney or your mortgage lender to ensure you understand any restrictions on renting out your property in Alabama. They can provide you with accurate and specific legal advice based on your particular situation.