LAND. ... The land is one thing, and the estate in land is another thing, for an estate in land is a time in land or land for a time.
- - -Black's Law dictionary, sixth ed., p.877
"OWNERSHIP - ... Ownership of property is either absolute or qualified. The ownership of property is absolute when a single person has the absolute dominion over it... The ownership is qualified when it is shared with one or more persons, when the time of enjoyment is deferred or limited, or when the use is restricted."Ownership is qualified (not absolute) when it is shared, or time is limited, or use is restricted.
- - -Black's Law dictionary, sixth ed., p. 1106
"ESTATE - The degree, quantity, nature and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein."
Black's Law dictionary, sixth ed., p.547
"REAL ESTATE .... is synonymous with real property"
Black's Law dictionary, sixth ed., From p.1263
"REAL PROPERTY ... A general term for lands, tenements, heriditaments; which on the death of the owner intestate, passes to his heir." Black's Law dictionary, sixth ed., p.1218
PRIVATE PROPERTY - As protected from being taken for public uses, is such property as belongs absolutely to an individual, and of which he has the exclusive right of disposition. Property of a specific, fixed and tangible nature, capable of being in possession and transmitted to another, such as houses, lands, and chattels.
- - Black's Law dictionary, sixth ed., p.1217
INTEREST - ...More particularly it means a right to have the advantage of accruing from anything ; any right in the
nature of property, but LESS THAN TITLE.
Black's Law dictionary, sixth ed., p.812
Title - "The formal right of ownership of property..."
Black's Law dictionary, sixth ed., p.1485
PROPERTY TAX - "An ad valorem tax, usually levied by a city or county, on the value of real or personal property that the taxpayer owns on a specified date."
Black's Law dictionary, sixth ed., p.1218
FEE SIMPLE - ... an absolute estate... Black's Law dictionary, sixth ed., p. 615
DEED - A conveyance of realty. Black's Law dictionary, sixth ed., p.414
REALTY - A brief term for real property or real estate. Black's Law dictionary, sixth ed., p.1264
ARTICLE 8 - TAXATION AND REVENUE
Sec. 1. EQUALITY AND UNIFORMITY; TAX IN PROPORTION TO
VALUE; TAXATION OF TANGIBLE AND INTANGIBLE PROPERTY;
OCCUPATION TAXES; INCOME TAX; EXEMPTION OF HOUSEHOLD GOODS.
(a) Taxation shall be equal and uniform.
(b) All real property and tangible personal property in this State, unless exempt as required or permitted by this Constitution, whether owned by natural persons or corporations, other than municipal, shall be taxed in proportion to its value, which shall be ascertained as may be provided by law.
PROPERTY TAX - An ad valorem tax, usually levied by a city or county, on the value of real or personal property that the taxpayer owns on a specified date.
Black's Law Dictionary, Sixth ed., p.1218
Sec. 12. EXPENDITURES FOR RELOCATION OR REPLACEMENT OF
SANITATION SEWER OR WATER LATERALS ON PRIVATE PROPERTY.
The legislature by general law may authorize a city or town to expend public funds for the relocation or replacement of sanitation sewer laterals or water laterals on PRIVATE PROPERTY if the relocation or replacement is done in conjunction with or immediately following the replacement or relocation of sanitation sewer mains or water mains serving the property. The law must authorize the city or town to affix, with the CONSENT OF THE OWNER of the PRIVATE PROPERTY, a lien on the property for the cost of relocating or replacing the laterals on the property and must provide that the cost shall be assessed against the property with repayment by the property owner to be amortized over a period not to exceed five years at a rate of interest to be set as provided by the law. The lien may not be enforced until after five years have expired since the date the lien was affixed.
1. Buyer has the right to own,
2. Buyer alienates title with lawful money,
3. No superior claim exists.
O.C.G.A. 44-2-1. Where and when deeds recorded; priority as to.
" Every deed conveying land shall be recorded in the office of the clerk of the superior court of the county where the land is located. A deed may be recorded at any time; but a prior unrecorded deed loses its priority over a subsequent recorded deed from the same vendor when the purchaser takes such deed without notice of the existence of the prior deed."
" There is no Georgia statute compelling the recording of a deed."
- - - Encyclopedia of Georgia Law, 8 A, p. 265, Sec. 132
SHALL - As used in statutes, contracts, or the like, this word is generally imperative or mandatory... But it may be construed as merely permissive or directory (as equivalent to "may"), to carry out the legislative intention and in cases where no right of benefit depends on its being taken in the imperative sense, and where no public or private right is impaired by its interpretation in the other sense. Black's Law, Sixth ed., p.1375
" Sole purpose and effect of recording of deed is to afford third parties constructive notice of the existence of the deed.
- - - City Whsle. Co. v. Harper, 100 Ga.App. 151, 110 S.E. 2d 561 (1959)
REALTY - A brief term for real property or real estate.
- - - Black's Law dictionary, 6th ed., p.1264
Georgia State constitution, Art 1, Sec 1, Para 26
"Exemptions from levy and sale.
The General Assembly shall protect by law from levy and sale by virtue of any process under the laws of this state a portion of the property of each person in an amount of not less than $1,600.00 and shall have authority to define to whom any such additional exemptions shall be allowed; to specify the amount of such exemptions; to provide for the manner of exempting such property and for the sale, alienation, and encumbrance thereof; and to provide for the waiver of said exemptions by the debtor."