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UNITED CAPITAL FINANCIAL v. AMERICAN INV.

No. A09A1861.

691 S.E.2d 272 (2010)

UNITED CAPITAL FINANCIAL OF ATLANTA, LLC v. AMERICAN INVESTMENT ASSOCIATES, INC.

Court of Appeals of Georgia.

February 16, 2010.

Attorney(s) appearing for the Case

Richard C. Bellows, for appellant.

Michael A. Petersen, for appellee.

DOYLE, Judge.

United Capital Financial of Atlanta, LLC, and American Investment Associates, Inc., asserted competing claims to the excess funds from the tax sale of certain property belonging to David W. Fletcher. Following a bench trial, the trial court awarded the excess funds to American Investment. United Capital appeals, and we reverse because United Capital, as the creditor who redeemed Fletcher's property from the purchaser at the tax sale, held a first priority...

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