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2018 Georgia Code 44-14-46 | Car Wreck Lawyer

TITLE 44 PROPERTY

Section 14. Mortgages, Conveyances to Secure Debt, and Liens, 44-14-1 through 44-14-613.

ARTICLE 2 MORTGAGES

44-14-46. When mortgage fi. fa. may claim proceeds of sale.

If other writs of fieri facias are levied on mortgaged property and the property is sold, the mortgage fi. fa. may nevertheless claim the proceeds of the sale if its lien is superior.

(Orig. Code 1863, § 3877; Code 1868, § 3897; Code 1873, § 3973; Code 1882, § 3973; Civil Code 1895, § 2758; Civil Code 1910, § 3291; Code 1933, § 67-120.)

JUDICIAL DECISIONS

Cited in Brunswick Sav. & Trust Co. v. National Bank, 102 Ga. 776, 29 S.E. 688 (1898); Ragan v. Coley & Bro., 4 Ga. App. 421, 61 S.E. 862 (1908).

RESEARCH REFERENCES

ALR.

- Validity of chattel mortgage where mortgagor is given right to sell, 73 A.L.R. 236.

Personal liability to mortgagor, as distinguished from mortgagee, of vendee of mortgaged premises who does not in term assume or agree to pay mortgage, 111 A.L.R. 1114.

Extent of exemption of proceeds of voluntary sale of homestead as affected by lien or encumbrance, 161 A.L.R. 1256.

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