Property; nonjudicial foreclosure of time-share estates; revise procedures

A BILL to be entitled an Act to amend Part 7 of Article 5 of Chapter 3 of Title 44 of the Official Code of Georgia Annotated, relating to miscellaneous provisions regarding time-share projects and programs, so as to revise procedures regarding nonjudicial foreclosure of time-share estates; to provide for notice; to provide for interests of mortgagees; to provide for trustees; to provide for recording of time-share interests; to provide for sales of encumbered time-share estates and proceeds of same; to provide for transfer of title; to provide for related matters; to repeal conflicting laws; and for other purposes.