Legal Opinion

Bpi Construction Company v. Collective Federal Savings & Loan Association

Court of Appeals of Georgia

Decided March 11, 1988No. 75549PublishedCited by 8 opinions

1Opinion of the Court

McMurray, Presiding Judge.

This is an appeal from an order confirming a non-judicial foreclosure sale of real property. Petitioner Collective Federal Savings & Loan Association provided a loan to respondent BPI Construction Company evidenced by a note and secured by a warranty deed to secure debt. Respondent Bales guaranteed payment of the note. The purpose of the loan was for BPI Construction Company to acquire a tract of land and construct a condominium community.

The loan was declared in default and on July 1, 1986, petitioner Collective Federal Savings & Loan Association foreclosed on 51…

2Cases cited4 opinions

  1. Thompson v. MasliaCourt of Appeals of Georgia · 1972
  2. Smith v. AndrewsCourt of Appeals of Georgia · 1976
  3. Tifton Corporation v. Decatur Federal Savings & Loan AssociationCourt of Appeals of Georgia · 1975
  4. Fleming v. Federal Land BankCourt of Appeals of Georgia · 1979

3Cited by8 opinions

  1. Nash v. Compass BankCourt of Appeals of Georgia · 2009
  2. Guthrie v. Bank SouthCourt of Appeals of Georgia · 1990
  3. Marett Properties, L. P. v. Centerbank Mortgage Co.Court of Appeals of Georgia · 1992
  4. Armstrong v. California Federal Savings & Loan Ass'nCourt of Appeals of Georgia · 1989
  5. Stepp v. FARM AND HOME LIFE INS. CO.Court of Appeals of Georgia · 1996

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