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the Georgia Code
2006 Georgia Code - 44-3-166
44-3-166. (a) 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: (1) The name of
the county in which the property is situated; (2) The legal description, street address, or
other description sufficient to identify the property;
(3) Identification of time periods
by letter, name, number, or combination thereof;
(4) Identification of time-share
estates and, where applicable, the method whereby additional
time-share estates may be created; (5) 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; (6) Any restrictions on the use, occupancy,
alteration, or alienation of time-share intervals; and
(7) The ownership interest, if any,
in personal property and provisions for care and
replacement. (b) 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.
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