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Ga Community AssociationGeorgia_condominium_act_basicsHARD

Under the Georgia Condominium Act, which of the following most accurately describes how ownership is structured in a condominium?

Correct Answer

B) Ownership is divided into individual units plus common elements, with the condominium declaration and related documents governing the rights and obligations of each owner.

The Georgia Condominium Act (O.C.G.A. Title 44, Chapter 3) establishes that a condominium regime divides real property into individually owned units and common elements. Each unit owner receives title to their unit and an undivided percentage interest in the common elements. The condominium declaration, bylaws, and plats define the boundaries of each unit, the percentage of common-element ownership, assessment obligations, and governance structure. This dual ownership framework is the defining legal characteristic of condominium property.

Answer Options
A
Each owner holds fee simple title to the entire building and shares a leasehold interest in the land with other unit owners.
B
Ownership is divided into individual units plus common elements, with the condominium declaration and related documents governing the rights and obligations of each owner.
C
Each owner holds title only to the unit interior, while the developer permanently retains ownership of all common elements and structural components.
D
Ownership of units and common elements is held collectively by the association, and individual owners receive exclusive-use licenses rather than title to their units.

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Key Terms:

georgiastate_portiongeorgia_condominium_act_basicsga_community_association
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