§ 44-3-160. Short Title
This article shall be known and may be cited as the “Georgia Time-Share Act.” History. Code 1981, § 44-3-160 , enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1984, p. 22, § 44; Ga. L. 1995, p. 1260, § 1.
§ 44-3-161. Purpose of Article
The purposes of this article are to: Give statutory recognition to real property timesharing in this state; Regulate developers of time-share estate and time-share use projects located in this state and outside this state when offered for sale in this state; Require that developers of time-share projects: Make certain disclosures to purchasers and prospective purchasers […]
§ 44-3-162. Definitions
As used in this article, the term: “Agent” means a person authorized by the developer to act for such developer in offering to the public or managing time-share intervals including but not limited to employees or independent contractors of the developer, managing agents, sales agents, and escrow agents. “Conspicuous statement” means a statement in boldface […]
§ 44-3-162.1. Time-Share Projects and Programs; Application of Restrictive Covenants; Exceptions
As used in this Code section, the term: “Private residence club” means an improvement located on real property, including, but not limited to, a single-family residence, the title to which is held by a maximum of eight individuals as tenants in common in fee simple or by a limited liability company containing not greater than […]
§ 44-3-163. Time-Share Estate Title; Recording Transfer or Encumbrance; Taxation
A time-share estate is an estate in real property and has the character and incidents of an estate in fee simple at common law or estate for years, if a leasehold, except as expressly modified by this article. This subsection shall supersede any contrary rule at common law. A document transferring or encumbering a time-share […]
§ 44-3-164. Application of Zoning and Other Local Codes, Ordinances, and Regulations
No zoning, subdivision, or building code or other real estate use ordinance or regulation shall prohibit the time-share interval form of ownership or use or impose any requirement upon the time-share project which it does not impose upon a physically identical improvement or development under a different form of ownership. No subdivision law, ordinance, or […]