Every bond for title, bond to reconvey realty, contract to sell or to convey realty or any interest therein and every transfer or assignment of any of such instruments shall, except as between the parties thereto, be executed with the same formality as is required for the execution of deeds conveying realty.
(Ga. L. 1921, p. 157, § 1; Code 1933, § 29-114.)
Law reviews.- For comment on Chase v. Endsley, 165 Ga. 292, 140 S.E. 876 (1927), see 1 Ga. L. Rev. No. 3, p. 49 (1927).
JUDICIAL DECISIONS
Grantor in possession under bond can lease timber rights when grantee's security not impaired.
- Grantor, who was in possession of timberland under a bond for title, could lease the timber rights, and, so long as the grantor remained in possession, extend the term of the lease so long as the security of the grantee was not impaired. Chisem v. Kirby-Evans Material Co., 209 Ga. 342, 72 S.E.2d 305 (1952).
Cited in Mangum v. Jones, 205 Ga. 661, 54 S.E.2d 603 (1949).