Legal Opinion
Smith v. Citizens & Southern Financial Corp.
Supreme Court of Georgia
Decided June 10, 1980No. 35779PublishedCited by 15 opinions
1Opinion of the Court
Bowles, Justice.
Appellants, the Smiths, were the owners of a piece of undeveloped land near Northside Hospital which they leased to a group of developers who planned to build a medical office complex. The developers obtained a $3,000,000 construction loan from Washington Mutual Savings Bank in return for which developers and *851appellants were required to execute a security deed. $2.7 million was to be advanced initially and $300,000 later if certain conditions were met. The developers decided they needed more money after construction had begun and went to appellee, the Citizens & Southern…
2Cases cited8 opinions
- Sims v. EtheridgeSupreme Court of Georgia · 1929
- Scroggins v. HarperCourt of Appeals of Georgia · 1976
- Massey v. National Homeowners Sales Service Corp.Supreme Court of Georgia · 1969
- Berry v. Government National Mortgage Ass'nSupreme Court of Georgia · 1973
- Wright v. Intercounty Properties, Ltd.Supreme Court of Georgia · 1977
3 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Racette v. Bank of America, N.A.Court of Appeals of Georgia · 2012
- Metro Atlanta Task Force for the Homeless, Inc. v. Ichthus Community TrustSupreme Court of Georgia · 2015
- Stewart v. Suntrust Mortgage, Inc.Court of Appeals of Georgia · 2015
- Aetna Finance Co. v. CulpepperCourt of Appeals of Georgia · 1984
- Lindsey Jones v. CitiMortgage, Inc.Court of Appeals for the Eleventh Circuit · 2016
10 more not listed; retrieve them via the Exa API.