Real Property

Perhaps because of the recession's adverse effect on real estate activity in Georgia, there have been fewer real property cases decided during the survey period than in recent years. However, there were several significant legislative enactments during the year. From decisions affecting the priority of lienholders to increased environmental legislation to several significant cases defining the obligations on a lender in a foreclosure sale, there have been a number of important developments in the past year of which real estate practitioners must be aware.