Payment Into Assurance Fund Upon Original Registration; Determination of Amount

1. Law
2. Georgia Code
3. Property
4. Recordation and Registration of Deeds and Other Instruments
5. Land Registration
6. Assurance Fund
7. Payment Into Assurance Fund Upon Original Registration; Determination of Amount

Upon the original registration of any land under this article, there shall be paid to the clerk as an assurance fund one-tenth of 1 percent of the value of the land to be determined by the court. The fund shall be subject to the trusts and conditions set forth in this part for the uses and purposes of this article.

(Ga. L. 1917, p. 108, § 74; Code 1933, § 60-701; Ga. L. 1982, p. 3, § 44.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 66 Am. Jur. 2d, Registration of Land Titles, §§ 2, 8.

C.J.S.

- 76 C.J.S., Registration of Land Titles, § 41.

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