Code of Alabama

Ala. Code § 7-2-304 (2026)

Price Payable in Money, Goods, Realty, or Otherwise.

✓ official Alabama Legislature (ALISON) text, current July 2026
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(1) The price can be made payable in money or otherwise. If it is payable in whole or in part in goods, each party is a seller of the goods which he is to transfer.

(2) Even though all or part of the price is payable in an interest in realty, the transfer of the goods and the seller’s obligations with reference to them are subject to this article, but not the transfer of the interest in realty or the transferor’s obligations in connection therewith.

(Acts 1965, No. 549, p. 811.)

Notes of Decisions
Cited in 1 case, 1982–1982 · leading case: Wood v. Wilkinson, 425 So. 2d 1062 (Ala. 1982).
Wood v. Wilkinson, 425 So. 2d 1062 (Ala. 1982). “” Code 1975, § 7-2-304. As indicated in subsection (2) above, article 2 applies only to the transfer of the goods and the seller’s obligations as to the goods.”
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