Legal Question in Real Estate Law in Georgia

I have ended a 13 year relationship with the holder of a Personally Secured Lease Purchase/Option Promissory Note & Guarantee. He holder notified me verbally that I was in default. I'm not battling this however as I need to get away from him. If I vacate the property am I still liable for the Note & Guarantee, even though he has notified me of default?


Asked on 3/02/11, 2:11 pm

1 Answer from Attorneys
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

No one here will know as no one has read the note. But default usually means you owe the money.

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Answered on 3/02/11, 2:14 pm


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