What rules govern tax-sale surplus in Georgia?+
O.C.G.A. § 48-4-5 governs tax-sale excess, requiring notice within 30 days to the record owner and recorded interest holders and permitting interpleader and priority distribution. Section 48-4-5 sets no fixed initial cutoff while the tax officer holds funds.
What claim details matter for tax-sale proceeds in Georgia?+
O.C.G.A. § 48-4-5 governs tax-sale excess, requiring notice within 30 days to the record owner and recorded interest holders and permitting interpleader and priority distribution. Section 48-4-5 sets no fixed initial cutoff while the tax officer holds funds. After five years from sale, unclaimed funds without a pending claim proceeding transfer to the state, and release requires a court order from interpleader in the county of sale under § 48-4-5(c).
What timing applies to tax-sale surplus in Georgia?+
After five years from sale, unclaimed funds without a pending claim proceeding transfer to the state, and release requires a court order from interpleader in the county of sale under § 48-4-5(c). Sections 48-4-40–48 govern the separate right to redeem land; five years is the money-transfer point.
How are mortgage foreclosure proceeds handled in Georgia?+
O.C.G.A. § 44-14-190 governs judicial mortgage foreclosure proceeds, paying priority liens and mortgage debt before surplus goes to the mortgagor or agent. Power-of-sale security-deed foreclosure instead follows §§ 44-14-160–162.4 and the deed and applicable case law; these tracks are separate.
What claim details matter for foreclosure surplus in Georgia?+
O.C.G.A. § 44-14-190 governs judicial mortgage foreclosure proceeds, paying priority liens and mortgage debt before surplus goes to the mortgagor or agent. Power-of-sale security-deed foreclosure instead follows §§ 44-14-160–162.4 and the deed and applicable case law; these tracks are separate. Section 44-14-190 sets no fixed surplus filing period, and a power-of-sale balance should be pursued promptly from the foreclosing holder under the deed and applicable law.
What timing applies to mortgage surplus in Georgia?+
Section 44-14-190 sets no fixed surplus filing period, and a power-of-sale balance should be pursued promptly from the foreclosing holder under the deed and applicable law. Georgia generally has no statutory post-sale redemption after a completed power-of-sale mortgage foreclosure, a separate property issue.
What rules apply to state-held unclaimed funds in Georgia?+
O.C.G.A. §§ 44-12-190 et seq. govern unclaimed property, with claims to the Department of Revenue Commissioner under § 44-12-220 and revised provisions effective July 1, 2026. Section 44-12-220 sets no fixed initial owner-claim deadline, and the Commissioner must consider a claim within 90 days.
What claim details matter for unclaimed property in Georgia?+
O.C.G.A. §§ 44-12-190 et seq. govern unclaimed property, with claims to the Department of Revenue Commissioner under § 44-12-220 and revised provisions effective July 1, 2026. Section 44-12-220 sets no fixed initial owner-claim deadline, and the Commissioner must consider a claim within 90 days. Representatives must use the prescribed form and comply with the 2026 registration and agreement provisions.
What timing applies to unclaimed funds in Georgia?+
Representatives must use the prescribed form and comply with the 2026 registration and agreement provisions. Transferred tax-sale excess under § 48-4-5(c) still has its own court-order release rule.
What should owners and recovery businesses keep separate in Georgia?+
Sections 48-4-40–48 govern the separate right to redeem land; five years is the money-transfer point. Georgia generally has no statutory post-sale redemption after a completed power-of-sale mortgage foreclosure, a separate property issue. Transferred tax-sale excess under § 48-4-5(c) still has its own court-order release rule.
