2010 Georgia Code 44-14-48 Case Law
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One Click Case Law for § 44-14-48
O.C.G.A. § 44-14-477 <-- --> O.C.G.A. §44-14-49



2010 Georgia Code

TITLE 44 - PROPERTY

CHAPTER 14 - MORTGAGES, CONVEYANCES TO SECURE DEBT, AND LIENS
ARTICLE 2 - MORTGAGES
§ 44-14-48 - Foreclosure by one of several mortgagees; control and distribution of proceeds by court

O.C.G.A. 44-14-48 (2010)
44-14-48. Foreclosure by one of several mortgagees; control and distribution of proceeds by court


If there are several mortgages of equal rank or if separate amounts due to distinct persons are embraced in the same mortgage and one mortgagee forecloses, the court will control the proceeds of the sale for distribution to the several mortgagees according to their claims.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com