Your Trusted Partner in Personal Injury & Workers' Compensation
Call Now: 904-383-7448Except as otherwise provided by law, assignments of all liens shall be in writing. Under an assignment, the assignee shall have all the rights of the assignor as provided by law.
(Ga. L. 1873, p. 42, § 21; Code 1873, § 1996; Code 1882, § 1996; Civil Code 1895, § 2822; Civil Code 1910, § 3372; Code 1933, § 67-1705.)
O.C.G.A. § 44-14-324 applies to mortgages. Planter's Bank v. Prater, 64 Ga. 609 (1880); National Bank v. Exchange Bank, 110 Ga. 692, 36 S.E. 265 (1900).
- Where a promissory note and mortgage upon personal property are combined together in one instrument, one who is not the payee named in the paper cannot foreclose the mortgage in that person's own name as holder and owner thereof without having a written assignment of the same. Nicholson v. Harris, 90 Ga. 257, 16 S.E. 84 (1892).
Landlord's lien may be assigned in writing whether the contract between landlord and tenant written or not. I. M. Scott & Co. v. Ward, 21 Ga. App. 535, 94 S.E. 863 (1918).
- An attempt by a warehouseman to pledge property of another in the warehouseman's possession by means of warehouse receipts will not constitute a transfer of liens thereon. National Exch. Bank v. Graniteville Mfg. Co., 79 Ga. 22, 3 S.E. 411 (1887).
Cited in Taylor v. Blasingame, 73 Ga. 111 (1884); Logue v. Walker, 141 Ga. 644, 81 S.E. 849 (1914); Postell v. Val-Lite Corp., 78 Ga. App. 199, 51 S.E.2d 63 (1948).
- 6 Am. Jur. 2d, Assignments, § 50.
- 53 C.J.S., Liens, § 15.
- Subrogation to prior lien of one who advances money to discharge it and takes new mortgage, as against intervening lien, 70 A.L.R. 1396.
No results found for Georgia Code 44-14-324.