reglab/housing_qa huggingface dataset:
GA Code § 44-3-165 (2021)
2021 Georgia Code|Title 44 - Property|Chapter 3 - Regulation of Specialized Land Transactions|Article 5 - Time-Share Projects and Programs|Part 2 - Administration|§ 44-3-165. Creation of Time-Share Program; Partition

  A time-share program may be created in any unit, unless expressly prohibited by the project instruments.   No action for partition of a unit may be maintained except as permitted by the time-share instrument.     (Code 1981, §44-3-165, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1995, p. 1260, § 1.)
GA Code § 44-3-166 (2021)
2021 Georgia Code|Title 44 - Property|Chapter 3 - Regulation of Specialized Land Transactions|Article 5 - Time-Share Projects and Programs|Part 2 - Administration|§ 44-3-166. Contents and Recording of Project and Time-Share Instruments

  Project instruments and time-share instruments creating time-share estates located in the State of Georgia shall be recorded in the superior court of the county in which the project is located and shall contain the following:   The name of the county in which the property is situated;   The legal description, street address, or other description sufficient to identify the property;   Identification of time periods by letter, name, number, or combination thereof;   Identification of time-share estates and, where applicable, the method whereby additional time-share estates may be created;   The formula, fraction, or percentage of the common expenses and any voting rights assigned to each time-share estate and, where applicable, to each unit in a project that is not subject to the time-share program;   Any restrictions on the use, occupancy, alteration, or alienation of time-share intervals; and   The ownership interest, if any, in personal property and provisions for care and replacement.     For time-share projects located outside the State of Georgia, project instruments therefor shall be recorded as required by the law of the jurisdiction in which such time-share project is located.     (Code 1981, §44-3-166, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1995, p. 1260, § 1.)
GA Code § 44-3-167 (2021)
2021 Georgia Code|Title 44 - Property|Chapter 3 - Regulation of Specialized Land Transactions|Article 5 - Time-Share Projects and Programs|Part 2 - Administration|§ 44-3-167. Time-Share Estate Program Management and Operation

 The time-share instruments for a time-share estate program shall prescribe reasonable arrangements for management and operation of the time-share program and for the maintenance, repair, and furnishing of units, which shall include the following:    Creation of an association organization of time-share estate owners;   Adoption of bylaws for organizing and operating the association organization;   Payment of costs and expenses of operating the time-share program and of owning and maintaining the units;   Employment and termination of employment of the managing agent for the association organization;   Preparation and dissemination to owners of an annual budget and of operating statements and other financial information including, but not limited to, the current status of payments under any security deed, contracts for improvements, or other encumbrances concerning the time-share program;   Adoption of standards and rules of conduct for the use and occupancy of units by owners;   Collection of assessments from owners to defray the expenses of management of the time-share program and maintenance of the units;   Comprehensive general liability insurance for death, bodily injury, and property damage arising out of or in connection with the use of units by owners, their guests, and others and extended coverage casualty insurance;   Methods for providing compensating use periods or monetary compensation to an owner if a unit cannot be made available for the period to which the owner is entitled by schedule or by confirmed reservation;   Procedures for imposing a monetary penalty or suspension of an owner's rights and privileges in the time-share program for failure of the owner to comply with provisions of the time-share instruments or the rules of the association organization with respect to the use of the units. Under these procedures, an owner must be given notice and the opportunity to refute or explain the charges against him or her in person or in writing to the governing body of the association organization before a decision to impose discipline is rendered;   Employment of attorneys, accountants, and other professional persons as necessary to assist in the management of the time-share program and the units; and   Procedures for the developer to obtain the consent of a majority of the existing owners of the time-share estates before encumbering the time-share project for the purpose of making additional improvements to the project.     (Code 1981, §44-3-167, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1995, p. 1260, § 1.)   Cross references.   - Financial and other records of time-share project association or managing agent, § 44-3-182.    Developer's financial records required, § 44-3-188.
GA Code § 44-3-168 (2021)
2021 Georgia Code|Title 44 - Property|Chapter 3 - Regulation of Specialized Land Transactions|Article 5 - Time-Share Projects and Programs|Part 2 - Administration|§ 44-3-168. Developer Control Period in Time-Share Estate Program

  The time-share instruments for a time-share estate program may provide for a developer control period.   If the time-share instruments for a time-share estate program provide for the establishment of a developer control period, they shall include provisions for the following:   Termination of the developer control period by action of the association;   Termination of contracts for goods and services for the time-share program or for units in the time-share program entered into during the developer control period; and   A regular accounting by the developer to the association as to all matters that significantly affect the interests of owners in the time-share program including, but not limited to, the current status of payments under any security deed, contracts for improvements, or other encumbrances.       (Code 1981, §44-3-168, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1986, p. 10, § 44; Ga. L. 1995, p. 1260, § 1.)
GA Code § 44-3-169 (2021)
2021 Georgia Code|Title 44 - Property|Chapter 3 - Regulation of Specialized Land Transactions|Article 5 - Time-Share Projects and Programs|Part 2 - Administration|§ 44-3-169. Identification of Time-Share Project, Time-Share Units, and Time Periods

 Project instruments and time-share instruments creating time-share uses shall contain the following:    Identification by name of the time-share project and street address where the time-share project is situated;   Identification of the time periods, type of units, and the units that are in the time-share program and the length of time that the units are committed to the time-share program; and   In case of a time-share project, identification of which units are in the time-share program and the method whereby any other units may be added, deleted, or substituted.     (Code 1981, §44-3-169, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1989, p. 321, § 3; Ga. L. 1990, p. 227, § 18; Ga. L. 1995, p. 1260, § 1.)
GA Code § 44-3-171 (2021)
2021 Georgia Code|Title 44 - Property|Chapter 3 - Regulation of Specialized Land Transactions|Article 5 - Time-Share Projects and Programs|Part 2 - Administration|§ 44-3-171. Sale of Time-Share Intervals and Programs Organized Prior to July 1, 1983

 In the event that:    Time-share intervals in a time-share program have been sold in this state to a resident of this state prior to July 1, 1983;   The time-share instruments and project instruments creating such program do not provide for or contain the provisions required by Code Sections 44-3-166 through 44-3-170; and   The developer does not control a sufficient number of votes in the time-share program to amend the time-share instruments and project instruments to provide for the inclusion of the provisions required by Code Sections 44-3-166 through 44-3-170 without the vote of any other time-share interval owners,  then the developer shall include in the public offering statement a listing of those provisions required by Code Sections 44-3-166 through 44-3-170 but not included in the instruments.      (Code 1981, §44-3-171, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1985, p. 149, § 44; Ga. L. 1986, p. 10, § 44; Ga. L. 1989, p. 321, § 4; Ga. L. 1990, p. 227, § 19; Ga. L. 1995, p. 1260, § 1.)   Cross references.   - Application of article to time-share programs created prior to or following effective date of law, § 44-3-205.
GA Code § 44-3-173 (2021)
2021 Georgia Code|Title 44 - Property|Chapter 3 - Regulation of Specialized Land Transactions|Article 5 - Time-Share Projects and Programs|Part 3 - Developers and Exchange Companies|§ 44-3-173. Annual Reports Filed by Exchange Companies and Multilocation Developers

  An exchange company whose exchange program is offered to purchasers in connection with the offer or disposition of time-share intervals in this state shall, on or before July 1 of each year, file with the secretary of the association for the time-share program in which the time-share intervals are offered or disposed, the information required by paragraph (2) of subsection (a) of Code Section 44-3-172 with respect to the preceding year. If any of the information supplied fails to meet the requirements of this Code section, the district attorney or Attorney General may undertake enforcement action against the exchange company in accordance with the provisions of this article in either the superior court of the county wherein the time-share accommodations or facilities are located or in the Superior Court of Fulton County. No developer shall have any liability arising out of the use, delivery, or publication by the developer of any information provided to it by the exchange company pursuant to this Code section. Except as provided in this Code section, no exchange company shall have any liability with respect to (1) any representation made by the developer relating to the exchange program or exchange company, or (2) the use, delivery, or publication by the developer of any information relating to the exchange program or exchange company. An exchange company shall only be liable for written information provided to the developer by the exchange company. The failure of the exchange company to observe the requirements of this Code section, or the use by it of any unfair or deceptive act or practice in connection with the operation of the exchange program, shall be a violation of this article.   A multilocation developer which offers or disposes of time-share intervals in this state shall, on or before July 1 of each year, file with the secretary of the association for the time-share program the information required by paragraph (3) of subsection (a) of Code Section 44-3-172 with respect to the preceding year. If at any time any of the information supplied fails to meet the requirements of this Code section, the district attorney or Attorney General may undertake enforcement action against the multilocation developer in accordance with the provisions of this article in either the superior court of the county wherein the time-share accommodations or facilities are located or in the Superior Court of Fulton County. The failure of a multilocation developer to observe the requirements of this Code section, or the use by it of any unfair or deceptive act or practice in connection with the operation of the exchange program, shall be a violation of this article.     (Code 1981, §44-3-173, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1985, p. 149, § 44; Ga. L. 1995, p. 1260, § 1.)
GA Code § 44-3-176 (2021)
2021 Georgia Code|Title 44 - Property|Chapter 3 - Regulation of Specialized Land Transactions|Article 5 - Time-Share Projects and Programs|Part 3 - Developers and Exchange Companies|§ 44-3-176. Payments Received by Developer on Uncompleted Projects to Be Escrowed

  If a developer enters into a sales agreement to sell a time-share interval and the construction, furnishing, and landscaping of the time-share project have not been substantially completed in accordance with the representations made by the developer in the disclosures required by this article, the developer shall deposit with an escrow agent all payments received by the developer from the purchaser towards the sales price until the project is substantially complete. Funds shall be released from escrow as follows:   If a purchaser properly terminates the sales agreement pursuant to its terms or pursuant to this article, the funds shall be paid to the purchaser together with any interest earned;   If the purchaser defaults in the performance of such purchaser's obligations under the sales agreement, the funds shall be paid to the developer together with any interest earned; or   If the funds of a purchaser have not been previously disbursed in accordance with the provisions of this subsection, they may be disbursed to the developer in accordance with this article by the escrow agent upon substantial completion of the time-share project.     In lieu of any escrows required by subsection (a) of this Code section, the purchasers shall have the discretion to accept in writing other financial assurances including, but not limited to, a performance bond or an irrevocable letter of credit in an amount equal to the cost to complete the time-share project.   For the purpose of this Code section, "substantially completed" means that all amenities, furnishings, appliances, and structural components and mechanical systems of buildings are completed and provided as represented in the public offering statement and that the premises are ready for occupancy.     (Code 1981, §44-3-176, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1992, p. 6, § 44; Ga. L. 1995, p. 1260, § 1.)
GA Code § 44-3-177 (2021)
2021 Georgia Code|Title 44 - Property|Chapter 3 - Regulation of Specialized Land Transactions|Article 5 - Time-Share Projects and Programs|Part 3 - Developers and Exchange Companies|§ 44-3-177. Exemption From Other State Laws Requiring Registration and Public Offering Statements

  Any time-share program registered under this article in which a public offering statement has been prepared shall not require registration under any of the following:   Article 1 of this chapter;   Chapter 5 of Title 10; or   Any other state law which requires the preparation of a public offering statement or substantially similar document for distribution to purchasers.     Any time-share program registered under this article that fails to restrict the price at which an owner may sell or exchange such owner's time-share interval shall not by virtue of such failure cause the time-share interval to become a security under Chapter 5 of Title 10; nor shall an exchange program offering such a time-share interval for exchange be construed to be offering a security under Chapter 5 of Title 10.     (Code 1981, §44-3-177, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1995, p. 1260, § 1.)
GA Code § 44-3-178 (2021)
2021 Georgia Code|Title 44 - Property|Chapter 3 - Regulation of Specialized Land Transactions|Article 5 - Time-Share Projects and Programs|Part 3 - Developers and Exchange Companies|§ 44-3-178. Exceptions to Public Offering Statement Requirement Under This Article

  In lieu of the public offering statement required by this article, the developer may give prospective purchasers a public offering statement or similar disclosure document which meets the requirements of the Federal Securities and Exchange Act of 1933 or, if the time-share project is located in another state, a public offering statement or similar disclosure document which that state may require to be prepared and provided to purchasers.   A public offering statement need not be prepared or delivered in the case of:   A transfer of a time-share interval by any time-share interval owner or user other than the developer or such developer's agent;   A disposition pursuant to court order;   A disposition by a government or governmental agency;   A disposition by foreclosure or deed in lieu of foreclosure;   A disposition of a time-share interval in a time-share project situated wholly outside this state, provided that all solicitations and negotiations took place wholly outside this state and the sales agreement was executed wholly outside this state;   A gratuitous transfer of a time-share interval; or   Group reservations made for 15 or more people as a single transaction between a hotel and travel agent or travel groups for hotel accommodations when deposits are made and held for more than three years in advance.       (Code 1981, §44-3-178, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1984, p. 22, § 44; Ga. L. 1995, p. 1260, § 1.)
GA Code § 44-3-179 (2021)
2021 Georgia Code|Title 44 - Property|Chapter 3 - Regulation of Specialized Land Transactions|Article 5 - Time-Share Projects and Programs|Part 3 - Developers and Exchange Companies|§ 44-3-179. Updating Public Offering Statement Required

 The developer shall immediately amend or supplement the public offering statement to report any material change in the information required by Code Section 44-3-172. As to any exchange program, the developer shall use the current written materials that are supplied to it for distribution to the time-share interval owners as it is received.    (Code 1981, §44-3-179, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1995, p. 1260, § 1.)
GA Code § 44-3-180 (2021)
2021 Georgia Code|Title 44 - Property|Chapter 3 - Regulation of Specialized Land Transactions|Article 5 - Time-Share Projects and Programs|Part 3 - Developers and Exchange Companies|§ 44-3-180. Purchase of Interval Is Free of Liens Affecting That Interval; Exceptions

  Unless the purchaser expressly agrees in the sales agreement to accept such purchaser's interest subject to a lien or by assuming a lien prior to transferring a time-share interval other than by deed in lieu of foreclosure, the developer shall record or furnish to the purchaser releases of all liens affecting that time-share interval or shall provide a surety bond or insurance against the lien, as provided for liens on real estate in this state. In lieu of the foregoing, a lienholder may agree to repurchase in the amount agreed to by the parties but in no event less than the amount actually paid by the purchaser a purchaser's time-share interval in the event the lienholder comes into possession of the time-share project; or the lienholder may agree to allow the continued right of quiet enjoyment to the purchaser.   Unless a time-share interval owner or such owner's predecessor in title agrees otherwise with the lienor, if a lien other than an underlying mortgage or security deed becomes effective against more than one time-share interval in a time-share project, any time-share interval owner is entitled to a release of such owner's time-share interval from the lien upon payment of the amount of the lien attributable to such owner's time-share interval. The amount of the payment must be proportionate to the ratio that the time-share interval owner's liability bears to the liabilities of all time-share interval owners whose interests are subject to the lien. Upon receipt of payment, the lienholder shall promptly deliver to the time-share interval owner a release of the lien covering that time-share interval. After payment, the managing entity may not assess or have a lien against that time-share interval for any portion of the expenses incurred in connection with that lien.     (Code 1981, §44-3-180, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1995, p. 1260, § 1.)   Cross references.   - Protection of purchasers from developer's underlying blanket encumbrances, § 44-3-189.
GA Code § 44-3-181 (2021)
2021 Georgia Code|Title 44 - Property|Chapter 3 - Regulation of Specialized Land Transactions|Article 5 - Time-Share Projects and Programs|Part 3 - Developers and Exchange Companies|§ 44-3-181. Transfer of Developer's Entire Interest

 The developer shall not sell, lease, assign, or otherwise transfer the entire interest of the developer, other than as a transfer of a time-share interval in the normal course of marketing, in the time-share program or the accommodations or facilities to a third party when such a sale, lease, assignment, or other transfer substantially affects the rights of other owners of the time-share units, unless:    The third party agrees in writing to honor fully the rights of purchasers of the time-share intervals to occupy and use the accommodations or facilities or agrees in writing to purchase the interval in an amount equal to the amount actually paid by the purchaser toward the purchase price of the time-share interval;   The third party agrees in writing to honor fully the rights of purchasers of the time-share intervals to cancel their sales agreement and receive any refunds due;   The third party agrees in writing to comply with the provisions of this article for as long as the third party continues to sell the time-share project or for as long as purchasers of the time-share project are entitled to occupy the accommodations or use the facilities, whichever is longer in time; and   Written notice is given to the association and notice shall be sent by certified mail or statutory overnight delivery within 30 days of the sale, lease, assignment, or other transfer.     (Code 1981, §44-3-181, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1995, p. 1260, § 1; Ga. L. 2000, p. 1589, § 3.)   Editor's notes.   - Ga. L. 2000, p. 1589, § 16, not codified by the General Assembly, provides that the amendment to this Code section is applicable with respect to notices delivered on or after July 1, 2000.