Toms v. Knighton

Duckworth, Justice.

“The purchase of land, full payment of the purchase-money, and possession, create a perfect equity, which is good against the vendor, his heirs and those claiming under him with notice.” Sikes v. Seckinger, 164 Ga. 96, 102 (137 S. E. 833). See also Grace v. Means, 129 Ga. 638 (59 S. E. 811); Lee v. Pearson, 138 Ga. 646 (5) (75 S. E. 1051); Wall v. L. & N. Railroad Co., 143 Ga. 417, 420 (1) (85 S. E. 325); Elrod v. Bagley, 154 Ga. 670 (115 S. E. 3). “A perfect equity is the equivalent of legal title.” Bank of Arlington v. Sasser, 182 Ga. 474 (3) (185 S. E. 826); Chapman v.…