Official Code of Georgia Annotated

Title 48. REVENUE AND TAXATION · Chapter 4. TAX SALES · Article 5. AD VALOREM TAX FORECLOSURES

48-4-80. Redemption by owner or other interested party.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

(a)
At any point prior to the moment of the sale, any interested party may redeem the property from the sale by payment of the redemption amount. Payment shall be made to the petitioner. Following receipt of such payment, the petitioner shall file for dismissal of the proceedings.#
(b)
In the event of such payment by the owner of the subject property, the proceedings shall be dismissed and the rights and interests of all interested parties shall remain unaffected.#
(c)
In the event of such payment by any interested party other than the owner, the party accomplishing such payment shall possess a lien on the property for the full amount of such payment, which lien shall have the same priority as the lien for the delinquent taxes. Such lienholder shall have the right to enforce such lien as permitted to the holder of any lien under existing law. Such lienholder shall not otherwise succeed to the rights of the petitioner as described in this article.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1981, § 48-4-80, enacted by Ga. L. 1995, p. 272, § 1; Ga. L. 1999, p. 81, § 48.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t48-ch1-6-(v36)-2024-pdf.pdf, Volume V36, 2024 edition, pages 262 to 263; merge action: carried; file SHA-256 bb15f8d0d693.