Study Barn - Georgia State Specific Sales Agent

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Which best describes a master deed?

A. Any deed or lease showing the extent of the interest of the person submitting the property to the condominium property regime.

B. The percentage of undivided interest in the common elements appertaining to each apartment, as expressed in the declaration, and any specified percentage of the common interests means such percentage of the undivided interests in the aggregate.

C. The issuance by the appropriate county official of a certificate of completion.

D. A type of deed where the grantor (seller) guarantees that he or she holds clear title to a piece of real estate and has a right to sell it.

Master deed or master lease means any deed or lease showing the extent of the interest of the person submitting the property to the condominium property regime.

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