O.C.G.A.

O.C.G.A. § 44-14-42.1 (2019)

Redemption of property by mortgagor

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
Find cases: SyfertCases citing this section GA-LEGlegis.ga.gov (official) JustiaJustia CornellLII Search CasesGoogle Scholar

If the possession of real property shall be given to the mortgagee, the mortgagor may redeem at any time within ten years from the last recognition by the mortgagee of such right of redemption.

History

Code 1863, § 1966; Code 1868, § 1954; Code 1873, § 1964; Code 1882, § 1964; Civil Code 1895, § 2734; Civil Code 1910, § 3267; Code 1933, § 67-115; Code 1981, § 44-14-42.1, enacted by Ga. L. 1984, p. 22, § 44. History of Section. The provisions of this Code section were

previously enacted in substantially similar form by the Acts and codes listed in the historical citation. However, those provisions were not originally enacted as part of the O.C.G.A. by the Code enactment Act (Ga. L. 1981, Ex. Sess., p. 8).

Annotations

RESEARCH REFERENCES Am. Jur. Pleading and Practice Forms. 18 Am. Jur. Pleading and Practice Forms, Mortgages, § 250.

ALR. Mortgages: effect on subordinate lien of redemption by owner or assignee from sale under prior lien, 56 A.L.R.4th 703.