Finance
In Georgia, the lender's foreclosure under a Security Deed is typically:
AA. Judicial, requiring court approval
BB. Non-judicial (power of sale), conducted by the lender without court action✓ Correct
CC. Conducted by the county sheriff
DD. Through bankruptcy court only
Explanation
Georgia uses non-judicial foreclosure (power of sale). The lender can foreclose and sell the property without going to court, making the process faster than judicial foreclosure states. Notice requirements must be followed.
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