---
title: O.C.G.A. § 44-14-412. Disposition of proceeds of sale; one-year limitation for claims of owner.
collection: code
id: 44-14-412
cite_as: O.C.G.A. § 44-14-412 (2025)
canonical_url: https://georgiacommons.org/code/44-14-412
md_url: https://georgiacommons.org/code/44-14-412.md
text_url: https://georgiacommons.org/code/44-14-412/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t44-ch8-15-(v32)-2022-pdf.pdf?sfvrsn=9e9e06de_0#page=828
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/44-14.md
previous: https://georgiacommons.org/code/44-14-411.1.md
next: https://georgiacommons.org/code/44-14-430.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: PROPERTY / MORTGAGES, CONVEYANCES TO SECURE DEBT, AND LIENS / LIENS / PAWNBROKERS, FACTORS, BAILEES, ACCEPTORS, AND DEPOSITORIES
---

# O.C.G.A. § 44-14-412. Disposition of proceeds of sale; one-year limitation for claims of owner.

The proceeds of any sale made under Code Sections 44-14-410, 44-14-411, and 44-14-411.1 shall be applied to the payment of any expense incurred in caring for the property sold, any expense incurred in endeavoring to locate and make delivery of the property to the owner, any expense of advertising the sale, and any other necessary expenses. Should there be a balance, the balance shall be payable to the owner of the property; provided, however, that any claim of an owner shall be barred unless made within one year from the date of the sale.

## History

Ga. L. 1947, p. 1165, § 3; Ga. L. 1982, p. 915, § 7.