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Georgia State Code
Title      50
Chapter      16  
Section Navigation     1 ... 7           8 ... 16    
    17 ... 35         36 ... 45    
    46 ... 67         68 ... 105   
     106 ... 141       142 ... 182    183     
Section<<< 106 107 108 120 121 122 123 124 140 141 >>>  
Title 50, Chapter 16, Section 121 (50-16-121)

(a) All departments and public corporations are directed to maintain at all times a complete current inventory of real property under their jurisdiction. The inventory shall be accomplished by the completion of a form, substantially as follows, for each parcel of real property held by such departments and public corporations:

REAL PROPERTY INVENTORY

Date: _____________________ (Date form completed)

(1) Department: __________________________________________________ (Board, bureau, commission, department, official, or other agency)

(2) Grantor: _____________________________________________________ (Exactly as it appears on instrument)

(3) Grantee: _____________________________________________________ (Exactly as it appears on instrument)

(4) Date of instrument: __________________________________________

(5) Acreage: _____________________________________________________

(6) Records, office of the clerk, Superior Court ______ County (a) Deed Book ______ Folio ______ (b) Plat or Map Book ______ Folio ______

(7) Location of property: County ______ City __________ Street address, if applicable, and if not, brief directions to property _

(8) Type of instrument: (a) Warranty deed ( ), (b) Quitclaim deed ( ), (c) Eminent domain, deed executed ( ), (d) Trustee's deed ( ), (e) Administrator's or Executor's deed ( ), (f) Simple deed, no warranty ( ), (g) Lease ( ), (h) Use permit ( ), (i) Resolution General Assembly ( ), (j) Deed of gift ( ).

(9) Kind of conveyance: (a) Fee simple ( ), (b) Other ( ), state terms and conditions _____________________________________________ __________________________________________________________________

(10) If acquired by eminent domain by court order and no deed was executed: (a) Name of principal defendant _______________________, (b) Case number ______, (c) Date of final judgment ______________

(11) Location of original deed ___________________________________

(12) Is property surplus? ________________________________________

(13) Purchase price of property __________________________________

(14) Purchased with (a) State funds? ______, (b) Federal funds? ______ (Show percent state & federal)

(15) Estimated present value: (a) Land ______________ (b) Improvements ______________ (16) Insured for: $__________ with ________________________ Ins. Co.

(17) Present use _________________________________________________

Name of person completing form ___________________________________

Title _________________ Signature ______________________

(b) The inventory required by subsection (a) of this Code section shall be maintained current at all times. It shall be the duty of each department and public corporation to file a duplicate of the inventory with the State Properties Commission; and the State Properties Commission shall compile and index all such inventories into a single complete inventory of all real property, but the State Properties Commission shall maintain separate files on the property belonging to the public corporations. It shall be the further duty of each department and public corporation to file with the State Properties Commission a duplicate of each form or other document, as provided in subsection (c) of this Code section, completed by such department or public corporation in maintaining the inventory of the department current; and the State Properties Commission shall utilize such forms or other documents to maintain the complete inventory of all real property current.

(c) The State Properties Commission is authorized to devise such forms or other documents as may be necessary to keep the complete inventory of real property current; and it shall be the duty of each department and public corporation to utilize such forms and documents as directed by the State Properties Commission.

(d) The real property inventory form provided in subsection (a) of this Code section shall be completed for each parcel of real property acquired by each department and public corporation. The form shall be completed within 30 days after the acquisition of any real property and a duplicate of same shall be forwarded to the State Properties Commission.

Monday May 25 03:38 EDT


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