Legal Opinion
Community Federal Savings & Loan Ass'n v. Foster Developers, Inc.
Court of Appeals of Georgia
Decided July 8, 1986No. 72161PublishedCited by 17 opinions
1Opinion of the Court
Beasley, Judge.
Foster Developers brought a two-count complaint against Kelley, a real estate broker, and Community Federal and its loan officer, Ward. The first count sets out that: Foster Developers was involved in real estate development called Plemons Estate Subdivision; two lots (numbers 112 and 118) were conveyed to Kenemore, a builder, for $4,500 each; at that time Foster Developers received no money but took a demand note and security deed for the purchase price; the security deed was subordinated to a subsequent security deed made in order to procure a construction loan on each lot;…
2Cases cited28 opinions
- Huggins v. Aetna Casualty & Surety CompanySupreme Court of Georgia · 1980
- Talmadge v. TalmadgeSupreme Court of Georgia · 1978
- Ely v. Stratoflex, Inc.Court of Appeals of Georgia · 1974
- Housing Authority of Atlanta v. FambleCourt of Appeals of Georgia · 1984
- Interstate Life & Accident Co. v. BrewerCourt of Appeals of Georgia · 1937
23 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Long v. MarionCourt of Appeals of Georgia · 1987
- Perimeter Realty v. Gapi, Inc.Court of Appeals of Georgia · 2000
- Stelts v. EppersonCourt of Appeals of Georgia · 1991
- Osowski v. SmithCourt of Appeals of Georgia · 2003
- Evans v. WillisCourt of Appeals of Georgia · 1994
12 more not listed; retrieve them via the Exa API.