For all purposes, each condominium unit shall constitute a separate parcel of real property which shall be distinct from all other condominium units. If there is any unit owner other than the declarant, no tax or assessment shall be levied on the condominium as a whole but only on the individual condominium units.
(Ga. L. 1975, p. 609, § 4; Ga. L. 1982, p. 3, § 44.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 15A Am. Jur. 2d, Condominiums and Cooperative Apartments, §§ 48-50. 71 Am. Jur. 2d, State and Local Taxation, § 21.
C.J.S.- 84 C.J.S., Taxation, § 494 et seq.
ALR.- Real estate taxation of condominiums, 71 A.L.R.3d 952.