Definitions

  1. Law
  2. Georgia Code
  3. Property
  4. Mortgages, Conveyances to Secure Debt, and Liens
  5. Liens
  6. Commercial Real Estate Broker Liens
  7. Definitions

Checkout our iOS App for a better way to browser and research.

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 a real 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; or real 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.

(Code 1981, §44-14-601, enacted by Ga. L. 1993, p. 1490, § 1; Ga. L. 1995, p. 1216, § 11.)


Download our app to see the most-to-date content.