If year's support is set apart for the benefit of any individual in or with respect to real property on which there is a recorded option to purchase or contract to sell outstanding at the time the same is so set apart, the individual and any purchasers or lessees of the real property, after the same has been so set apart, shall take the real property or any interest therein subject to all of the rights and privileges of the grantee of the option or contract and of any assignees of the option or contract if the assignment or assignments are also recorded.
(Code 1981, §53-3-14, enacted by Ga. L. 1996, p. 504, § 10.)
Law reviews.- For note, "Advantages and Disadvantages of Intestate Death for Married Persons With an Estate of $120,000 or Less," see 9 Ga. St. B.J. 102 (1972).
COMMENTThis section carries forward former OCGA Sec. 53-5-17.
RESEARCH REFERENCES
Am. Jur. 2d.
- 31 Am. Jur. 2d, Executors and Administrators, §§ 690, 691.
C.J.S.- 34 C.J.S., Executors and Administrators, §§ 454, 456.
ALR.- Time in which option created by will to purchase real estate is to be exercised, 82 A.L.R.3d 790.