A deed or bill of sale which is absolute on its face and which is accompanied with possession of the property shall not be proved, at the instance of the parties, by parol evidence to be a mortgage only unless fraud in its procurement is the issue to be tried.
History. Laws 1837, Cobb’s 1851 Digest, p. 274.; Code 1863, § 3732; Code 1868, § 3756; Code 1873, § 3809; Code 1882, § 3809; Civil Code 1895, § 2725; Civil Code 1910, § 3258; Code 1933, § 67-104.
Law reviews.
For comment on Brown v. Carmichael, 149 Ga. 548 , 101 S.E. 124 (1919), and Wilkes v. Carter, 149 Ga. 240 , 99 S.E. 860 (1919), see 10 Ga. B.J. 338 (1948).
For article, “The Parol Evidence Rule in Georgia,” see 17 Ga. B.J. 49 (1954).
For article surveying recent legislative and judicial developments in Georgia’s real property laws, see 31 Mercer L. Rev. 187 (1979).