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GEORGIA CODE (Last Updated: August 20, 2013) |
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Title 44. PROPERTY |
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Chapter 3. REGULATION OF SPECIALIZED LAND TRANSACTIONS |
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Article 5. TIME-SHARE PROJECTS AND PROGRAMS |
| Part 1. GENERAL PROVISIONS |
| § 44-3-160. Short title |
| § 44-3-161. Purpose of article |
| § 44-3-162. Definitions |
| § 44-3-162.1. Time-share projects and programs; application of restrictive covenants; exceptions |
| § 44-3-163. Time-share estate title; recording transfer or encumbrance; taxation |
| § 44-3-164. Application of zoning and other local codes, ordinances, and regulations |
| Part 2. ADMINISTRATION |
| § 44-3-165. Creation of time-share program; partition |
| § 44-3-166. Contents and recording of project and time-share instruments |
| § 44-3-167. Time-share estate program management and operation |
| § 44-3-168. Developer control period in time-share estate program |
| § 44-3-169. Identification of time-share project, time-share units, and time periods |
| § 44-3-170. Time-share use program management and operation |
| § 44-3-171. Sale of time-share intervals and programs organized prior to July 1, 1983 |
| Part 3. DEVELOPERS AND EXCHANGE COMPANIES |
| § 44-3-172. Contents of public offering statement |
| § 44-3-173. Annual reports filed by exchange companies and multilocation developers |
| § 44-3-174. Public offering statement provided to purchasers; cancellation of sales agreement by purchaser or developer; statement acknowledging receipt |
| § 44-3-175. Funds required to be escrowed by developer; exceptions; escrow agents |
| § 44-3-176. Payments received by developer on uncompleted projects to be escrowed |
| § 44-3-177. Exemption from other state laws requiring registration and public offering statements |
| § 44-3-178. Exceptions to public offering statement requirement under this article |
| § 44-3-179. Updating public offering statement required |
| § 44-3-180. Purchase of interval is free of liens affecting that interval; exceptions |
| § 44-3-181. Transfer of developer's entire interest |
| § 44-3-182. Financial and other records of time-share project association or managing agent |
| § 44-3-183. Remedy for violation of article; punitive damages; attorney's fees |
| § 44-3-184. Limitation of actions |
| Part 4. ADVERTISING |
| § 44-3-185. False advertising prohibited |
| § 44-3-186. Statements or representations which are prohibited |
| § 44-3-187. Offer of gifts or prizes |
| Part 5. FINANCING BY DEVELOPER |
| § 44-3-188. Developer's financial records; availability; periodic reports; transfer of developer's interest subject to debts |
| § 44-3-189. Protection of purchasers from developer's underlying blanket encumbrance |
| Part 6. REGISTRATION |
| § 44-3-190. Real estate broker's license requirement; collection of compensation for real estate brokerage services from persons reselling time-share intervals |
| § 44-3-191. Requirements for out-of-state projects, managing agents, and exchange programs |
| § 44-3-192. Exceptions from registration |
| Part 7. MISCELLANEOUS |
| § 44-3-193. Modification of public offering statement; limitations on use of public offering statement |
| § 44-3-194. Records required to be kept by developer or agents |
| § 44-3-195. Criminal penalty for violation of article; injunction restraining prohibited conduct; liability for damages; attorney's fees |
| § 44-3-196. Application of article to time-share programs created prior to or following July 1, 1983 |
| § 44-3-197. Exceptions from registration |
| § 44-3-198. Powers and duties of the commission |
| § 44-3-199. Modification of public offering statement; limitations on use of public offering statement |
| § 44-3-200. Records required to be kept by developer or agents |
| § 44-3-202. Criminal penalty for violation of article |
| § 44-3-203 and 44-3-204. |
| § 44-3-205. Application of article to time-share programs created prior to or following July 1, 1983 |
REFS & ANNOS
TITLE 44 Chapter 3 Article 5 NOTE
LAW REVIEWS. --For article discussing provisions pertaining to the regulation of time shared interests in property ownership, see 12 Ga. St. B.J. 75 (1975). For annual survey of real property law, see 35 Mercer L. Rev. 257 (1983).
For comment, "Proposed Legislation for Property's Twilight Zone: Time Sharing in Georgia," see 34 Mercer L. Rev. 403 (1982).
OPINIONS OF THE ATTORNEY GENERAL
USE OF CAMPGROUND ON FIRST-COME, FIRST-SERVE BASIS. --Since the General Assembly contemplated the recognition and regulation of the purchase and sale of interests, whether contractual or real property, which entitled the purchaser to the use of property for a time period, it was not the intention of the General Assembly to regulate the sale of the right to use a campground which entitled the user to no specific time period of use, but only a right to use, common among other purchasers, on a first-come, first-serve basis. 1984 Op. Att'y Gen. No. 84-81.
For comment, "Proposed Legislation for Property's Twilight Zone: Time Sharing in Georgia," see 34 Mercer L. Rev. 403 (1982).
OPINIONS OF THE ATTORNEY GENERAL
USE OF CAMPGROUND ON FIRST-COME, FIRST-SERVE BASIS. --Since the General Assembly contemplated the recognition and regulation of the purchase and sale of interests, whether contractual or real property, which entitled the purchaser to the use of property for a time period, it was not the intention of the General Assembly to regulate the sale of the right to use a campground which entitled the user to no specific time period of use, but only a right to use, common among other purchasers, on a first-come, first-serve basis. 1984 Op. Att'y Gen. No. 84-81.