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Georgia State Code
Title      53
Chapter      12  
Section Navigation     1 ... 22           23 ... 53    
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Section<<< 23 24 25 26 27 28 50 51 52 53 >>>  
Title 53, Chapter 12, Section 50 (53-12-50)

As used in this article, the term:

(1) "Deed" means and includes any written agreement, declaration of trust, or other instrument which creates a trust estate in the trustee or trustees named therein and sets forth the terms and conditions of the trust and which indicates an intention, either expressly or by implication, that the trust estate created therein should be subject to this article, but the word shall not include every warranty deed, quitclaim deed, bill of sale, or other instrument which conveys title to property to a trustee, merely by virtue of such fact alone.

(2) "Estate" means any alienable interest in property, legal or equitable, freehold or nonfreehold, possessory or nonpossessory.

(3) "Property" means and includes improved or unimproved property, real or personal, leaseholds, mortgages, notes, or other obligations secured by property or any interest therein, or other interests in such property.

Saturday May 23 13:44 EDT


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