LibGuides: Commercial Real Estate Law by Kenneth Bishop: Statutes

What is a Statute?

Statutes are laws enacted by the legislature. Statutes are published in several formats: session laws, statutory codes and annotated codes.

Commercial Real Estate Statutory Law

Definitions

Ga. Code Ann., § 44-14-601

§ 44-14-601. Definitions

Currentness

As used in this part, the term:

(1) “Broker” means a broker as defined in paragraph (2) of Code Section 43-40-1.

(2) “Client” means a person or entity having an interest in real property that has entered into a written brokerage agreement with areal estate broker relative to such property.

(3) “Commercial real estate” means any real estate other than real estate containing one to four residential units; real estate on which no buildings or structures are located and which is not zoned for nor available for commercial, multifamily, or retail use; orreal estate classified as agricultural for tax assessment purposes. Commercial real estate shall not include single-family residential units such as condominiums, townhomes, mobile homes, or homes in a subdivision when sold, leased, or otherwise conveyed on a unit by unit basis even though these units may be part of a larger building or parcel of real estate containing more than four residential units.

(4) “Conveyance” means a sale, lease, or other transfer of commercial real estate.

(5) “Real estate” means real estate as defined in paragraph (9) of Code Section 43-40-1.

Statutory Law Regarding Liens

Ga. Code Ann., § 44-14-605 § 44-14-605. Release or extinguishment of liens
Ga. Code Ann., § 44-14-604 § 44-14-604. Escrow accounts in connection with claims for liens
§ 501. Exemption from tax on corporations, certain trusts, etc.
Exemption from taxation.--An organization described in subsection (c) or (d) or section 401(a) shall be exempt from taxation under this subtitle unless such exemption is denied under section 502 or 503.
Ga. Code Ann., § 44-14-600 § 44-14-600. Short title

Statutory Foreclosure Sale

Ga. Code Ann., § 44-14-161 § 44-14-161. Confirmation of foreclosure sales
When any real estate is sold on foreclosure, without legal process
Ga. Code Ann., § 44-14-162.2 § 44-14-162.2. Notice of foreclosure sale
Notice of the initiation of proceedings to exercise a power of sale in a mortgage, security deed, or other lien contract shall be given to the debtor by the secured creditor no later than 30 days before the date of the proposed foreclosure.

Statutory Commercial Leasing

Commercial Real Estate Leasing
Chapter 1. Introduction
Chapter 2. Descriptions: Parties and Leased PremisesChapter 2. Descriptions: Parties and Leased Premises
Chapter 3. RentChapter 3. Rent
Chapter 4. Additional RentChapter 4. Additional Rent
Chapter 5. TermChapter 5. Term
Chapter 6. Repairs and MaintenanceChapter 6. Repairs and Maintenance
Chapter 7. InsuranceChapter 7. Insurance
Chapter 8. CasualtyChapter 8. Casualty
Chapter 9. CondemnationChapter 9. Condemnation
Chapter 10. FinancingChapter 10. Financing
Chapter 11. UseChapter 11. Use
Chapter 12. Assignment and SublettingChapter 12. Assignment and Subletting
Chapter 13. DefaultChapter 13. Default
Chapter 14. Security DepositsChapter 14. Security Deposits
Chapter 15. Requirements of LawChapter 15. Requirements of Law
Chapter 16. Landlord's ObligationsChapter 16. Landlord's Obligations
Chapter 17. Indemnification and ExculpationChapter 17. Indemnification and Exculpation
Chapter 18. Surrender and

Subject Guide

Ulysses Jaen

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