Deutsche Bank National Trust Co. v. JP Morgan Chase Bank, N.A.
Court of Appeals of Georgia
1Opinion of the Court
Barnes, Presiding Judge.
JP Morgan Chase Bank, N.A. commenced this action against Deutsche Bank National Trust Company f/k/a Banker’s Trust Company after the two banks conducted competing foreclosure sales of certain real property in DeKalb County. JP Morgan’s claim of title to the property was predicated on a 2004 security deed, while Deutsche Bank’s claim of title was predicated on a 2001 security deed. The case turned on the legal effect of a notarized warranty deed recorded in 2003 and on whether JP Morgan was a bona fide purchaser for value based upon the warranty deed. The trial court…
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