GA Code § 48-5-81 - Payment by Holder of Deed to Secure Debt or by Mortgagee; Effect on Right to Foreclose.

Section 48-5-81 - Payment by Holder of Deed to Secure Debt or by Mortgagee; Effect on Right to Foreclose.Section 48-5-81 - Payment by Holder of Deed to Secure Debt or by Mortgagee; Effect on Right to Foreclose.

Section 48-5-80 - Distribution of Deferred Tax and Interest Payments; Duty to Keep Record of Property and Amount of Payment.Section 48-5-82 - Prohibition of Clauses Preventing Applications for Homestead Tax Deferral; Exceptions.

If any holder of a deed to secure debt or any mortgagee elects to pay the taxes of an applicant who qualifies for and receives a tax deferral, such election shall not give the holder of the deed or the mortgagee the right to foreclose.

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