Statutes > Georgia Statutes > TITLE 48 - REVENUE AND TAXATION > CHAPTER 5 - AD VALOREM TAXATION OF PROPERTY > ARTICLE 2 - PROPERTY TAX EXEMPTIONS AND DEFERRAL > PART 2 - TAX DEFERRAL > § 48-5-81 - Payment by holder of deed to secure debt or by mortgagee; effect on right to foreclose

§ 48-5-81 - Payment by holder of deed to secure debt or by mortgagee; effect on right to foreclose

O.C.G.A. 48-5-81 (2010)
48-5-81. Payment by holder of deed to secure debt or by mortgagee; effect on right to foreclose


If any holder of a deed to secure debt or any mortgagee elects to pay the taxes of an applicant who qualifies for and receives a tax deferral, such election shall not give the holder of the deed or the mortgagee the right to foreclose.