Georgia Statutes
§ 44-3-78 — Allocation - Interests in common elements
Georgia·Title 44
(a)The declaration shall allocate to each unit depicted on plats or plans that comply with subsections (a) and (b) of Code Section 44-3-83 an undivided interest in the common elements. Such allocation may be by percentage, fraction, formula, or any other method which indicates the relative undivided interests in the common elements. If an equal undivided interest in the common elements is allocated to each unit, the declaration may merely so state.
(b)All of the undivided interests in the common elements shall be allocated to the units created by the declaration and shall be subject to reallocation as provided in this article.
(c)If the undivided interests allocated are other than equal, the undivided interest allocated to each unit shall be reflected by a table or provision in the decl
Free access — add to your briefcase to read the full text and ask questions with AI
Georgia § 44-3-78 (Allocation - Interests in common elements) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Park Regency Partners, L.P. v. Gruber
608 S.E.2d 667 (Court of Appeals of Georgia, 2004)
Mersac, Inc. v. National Hills Condominium Ass'n
480 S.E.2d 16 (Supreme Court of Georgia, 1997)
Walker v. 90 FAIRLIE CONDOMINIUM ASS'N
659 S.E.2d 412 (Court of Appeals of Georgia, 2008)