O.C.G.A.

O.C.G.A. § 44-7-16 (2019)

Accrual of interest on rent owed

✓ 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.
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All contracts for rent shall bear interest from the time the rent is due. (Laws 1811, Cobb’s 1851 Digest, p. 901; Code 1863, § 2269; Code 1868, § 2262; Code 1873, § 2288; Code 1882, § 2288; Civil Code 1895, § 3128; Civil Code 1910, § 3704; Code 1933, § 61-114; Ga. L. 1946, p. 761, § 1.)

Annotations

JUDICIAL DECISIONS Cited in Simpson v. Earle, 87 Ga. 215, 13 S.E. 446 (1891); W.W. Kimball Co. v. Rogers, 17 Ga. App. 562, 87 S.E. 848 (1916); City Prods. Corp. v. Napier & Byers, 107 Ga. App.

733, 131 S.E.2d 597 (1963); Krupp Realty Co. v. Joel, 168 Ga. App. 480, 309 S.E.2d 641 (1983).

RESEARCH REFERENCES Am. Jur. 2d. - 49 Am. Jur. 2d, Landlord and Tenant, § 416. C.J.S. - 52A C.J.S., Landlord and Tenant, §§ 1101, 1161 et seq., 1274.

ALR. - Application of usury laws to transactions characterized as ‘‘leases,’’ 94 ALR3d 640.

Notes of Decisions
Cited in 2 cases, 1983–2000 · leading case: Krupp Realty Co. v. Joel, 309 S.E.2d 641 (Ga. Ct. App. 1983).
Krupp Realty Co. v. Joel, 309 S.E.2d 641 (Ga. Ct. App. 1983). · cites it 4× “While OCGA § 44-7-16 (Code Ann. 61-114) provides: "All contracts for rent shall bear interest from the time the rent is due," and OCGA § 7-4-2 (Code Ann.”
Smith v. Sprayberry Square Holdings, Inc. (In Re Smith), 249 B.R. 328 (Bankr. S.D. Ga. 2000). · cites it 2× “Interest fails all prongs of the McSheridan test: it is not named as rent or additional rent in the Lease, it is not related to the value of the property, and rather than being due regularly it is only due upon default.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.