{"data":{"id":"us-ga/o.c.g.a.-44-3-180","jurisdiction":"us-ga","citation":"O.C.G.A. § 44-3-180","heading":"Purchase of interval is free of liens affecting that interval; exceptions.","body":"(a) Unless the purchaser expressly agrees in the sales agreement to accept such purchaser’s interest subject to a lien or by assuming a lien prior to transferring a time-share interval other than by deed in lieu of foreclosure, the developer shall record or furnish to the purchaser releases of all liens affecting that time-share interval or shall provide a surety bond or insurance against the lien, as provided for liens on real estate in this state. In lieu of the foregoing, a lienholder may agree to repurchase in the amount agreed to by the parties but in no event less than the amount actually paid by the purchaser a purchaser’s time-share interval in the event the lienholder comes into possession of the time-share project; or the lienholder may agree to allow the continued right of quiet enjoyment to the purchaser.\n(b) Unless a time-share interval owner or such owner’s predecessor in title agrees otherwise with the lienor, if a lien other than an underlying mortgage or security deed becomes effective against more than one time-share interval in a time-share project, any time-share interval owner is entitled to a release of such owner’s time-share interval from the lien upon payment of the amount of the lien attributable to such owner’s time-share interval. The amount of the payment must be proportionate to the ratio that the time-share interval owner’s liability bears to the liabilities of all time-share interval owners whose interests are subject to the lien. Upon receipt of payment, the lienholder shall promptly deliver to the time-share interval owner a release of the lien covering that time-share interval. After payment, the managing entity may not assess or have a lien against that time-share interval for any portion of the expenses incurred in connection with that lien.","path":["TITLE 44 Property","CHAPTER 3 Regulation of Specialized Land Transactions","Article 5 Time-Share Projects and Programs","PART 3 Developers and Exchange Companies"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.44.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"9f5fb36cbbabf3c19cdef7cbe41d65a03eba959b82214d8646c9e4b030eb52e0","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-44-3-179","next":"us-ga/o.c.g.a.-44-3-181"},"notice":"GroundRules: Original legal text. Not legal advice."}