This article shall not apply to any mortgage, bill of sale to secure debt, retention of title contract, deed of trust, or other security instrument creating a lien on, retaining title to, or conveying an interest in property owned by, sold or leased to, or agreed to be sold or leased to any railroad corporation, street railroad corporation, electric or gas corporation, or other public utility corporation or any receivers, trustees, or other legal officers in possession of or operating any railroad corporation, street railroad corporation, electric or gas corporation, or other public utility corporation.
(Ga. L. 1943, p. 540, § 1; Ga. L. 1950, p. 33, § 1.)
RESEARCH REFERENCES
ALR.
- Negotiability of title-retaining note, 28 A.L.R. 699; 44 A.L.R.2d 71.
ARTICLE 7 FORECLOSURE
Law reviews.
- For annual survey on real property law, see 61 Mercer L. Rev. 301 (2009). For article, "Buying Distressed Commercial Real Estate: What are the Alternatives?," see 16 (No. 4) Ga. St. B.J. 18 (2010).
RESEARCH REFERENCES
ALR.
- Action for damages for attempted wrongful foreclosure, 104 A.L.R.6th 485.
PART 1 IN GENERAL
Law reviews.
- For article, "Nonjudicial Foreclosures in Georgia: Fresh Doubts, Issues and Strategies," see 23 Ga. St. B.J. 123 (1987). For article, "Buying Distressed Commercial Real Estate: What are the Alternatives?," see 16 (No. 4) Ga. St. B.J. 18 (2010). For annual survey of commercial law, see 38 Mercer L. Rev. 85 (1986).
RESEARCH REFERENCESSufficiency of Manner and Timeliness of Redemption of Real Estate Contract from Foreclosure, 66 POF3d 267.
ALR.- Right of trustee of land having interest therein to purchase on his own behalf in association with foreclosure by third-party lienor, in absence of express trust provision, 30 A.L.R.4th 732.
Sufficiency of tender of payment to effect defaulting vendee's redemption of rights in land purchased, 37 A.L.R.4th 286.