Official Code of Georgia Annotated

Title 44. PROPERTY · Chapter 3. REGULATION OF SPECIALIZED LAND TRANSACTIONS · Article 5. TIME-SHARE PROJECTS AND PROGRAMS · Part 6. Registration

44-3-192. Exceptions from registration.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Compliance with this article shall not be required in the case of:
(1)
Any transfer of a time-share interval by any time-share interval owner other than the developer or such developer’s agent;#
(2)
Any disposition pursuant to court order;#
(3)
A disposition by a government or governmental agency;#
(4)
A disposition by foreclosure or deed in lieu of foreclosure;#
(5)
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;#
(6)
A gratuitous transfer of a time-share interval; or#
(7)
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.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 44-3-197, enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1984, p. 22, § 44; Code 1981, § 44-3-192, as redesignated by Ga. L. 1995, p. 1260, § 1.

Editor's notes

Ga. L. 1995, p. 1260, § 1, renumbered former Code Section 44-3-192 as present Code Section 44-3-190. Former Code Section 44-3-192 related to real estate broker’s license requirement.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t44-ch1-7-(v31)-2010-pdf.pdf, Volume V31, 2010 edition, pages 307 to 308; merge action: carried; file SHA-256 490191d3dc54.

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