Upon the breach of a bond for title to land, the value of the premises at the time of the breach with interest thereon should be the measure of damages. However, if the vendee has bought up the outstanding title, only the actual damage sustained by him may be recovered.
History. Orig. Code 1863, § 2890; Code 1868, § 2898; Code 1873, § 2949; Code 1882, § 2949; Civil Code 1895, § 3805; Civil Code 1910, § 4401; Code 1933, § 20-1413.
Law reviews.
For comment, “Georgia Installment Sale Contracts—A Time for Reform,” see 39 Mercer L. Rev. 651 (1988).
Structure Georgia Code
Chapter 5 - Acquisition and Loss of Property
Article 3 - Covenants and Warranties
§ 44-5-59. Covenant Running With the Land Between Property Owner and Third Party
§ 44-5-61. Implied Warranty of Title
§ 44-5-62. General Warranty — Scope
§ 44-5-63. General Warranty — Defects Known to Purchaser
§ 44-5-64. Action for Breach of Warranty — Burden of Proof
§ 44-5-65. Action for Breach of Warranty — Necessity for Offer to Rescind; Mitigation of Damages
§ 44-5-66. Action for Breach of Warranty — Measure of Damages
§ 44-5-67. Breach of Bond for Title to Land; Measure of Damages