Georgia § 44-3-189 - Protection of purchasers from developer's underlying blanket encumbrance.
Full text of Georgia Official Code of Georgia Annotated § 44-3-189 — Protection of purchasers from developer's underlying blanket encumbrance., with citation guidance and answers to common questions.
§ 44-3-189. Protection of purchasers from developer's underlying blanket encumbrance.
The developer whose project is subject to an underlying blanket lien or encumbrance shall protect nondefaulting purchasers from foreclosure by the lienholder by obtaining from the lienholder a nondisturbance clause, subordination agreements, partial release of the lien as the time-share intervals are sold, or an agreement in writing that the lienholder will purchase nondefaulting purchasers' intervals in an amount equal to the amount agreed to by the parties but in no event less than the amount actually paid by the purchaser toward the purchase price of the time-share interval. (Code 1981, § 44-3-190 , enacted by Ga. L. 1983, p. 1255, § 1; Ga. L. 1984, p. 22, § 44; Code 1981, § 44-3-189 , as redesignated by Ga. L. 1995, p. 1260, § 1.) Cross references. - Purchase of time-share interval is free of liens, § 44-3-180 . Editor's notes. - Ga. L. 1995, p. 1260, § 1, renumbered former Code Section 44-3-189 as present Code Section 44-3-188.
Frequently Asked Questions About Georgia § 44-3-189
What does Official Code of Georgia Annotated § 44-3-189 cover?
Section 44-3-189 ("Protection of purchasers from developer's underlying blanket encumbrance.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 44-3-189?
A common citation format is "Official Code of Georgia Annotated § 44-3-189" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 44-3-189 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.