Logos and photographs may also be copyright registered. function gtag(){dataLayer.push(arguments);} Used under license. Hopefully that will work. GRI,IMSD-Taking the mystery out of real estate. }); Many potential buyers of Lake Burton, Seed Lake, and Lake Rabun properties ask us: What is the difference between a fee simple lot and a Georgia Power lease lot?. Before a lease is issued, the lessee will be responsible for meeting certain requirements. Our Community & Economic Development organization is supporting leaders in local communities to bring new jobs and capital investment to Georgia. {"@context":"https:\/\/schema.org","@type":"Organization","url":"https:\/\/lake-burton-rabun.com\/","sameAs":[],"@id":"https:\/\/lake-burton-rabun.com\/#organization","name":"The Lake Team","logo":"http:\/\/lake-burton-rabun.com\/wp-content\/uploads\/2018\/05\/header2018.jpg"} A new as-built survey may be required to transfer lease. 404-954-4040, Office4 Seed Lake Road * FULL LEASE - The property owner actually owns all of the improvements (house, dock, etc.) It looks like Georgia Power has all of the power at Lake Sinclair. (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ Are you sure you want to report this blog entry as spam? ready: true, The land is located at 24 7th Street Ellijay, Georgia, in Gilmer County. 404-954-4044, East Georgia Lake Oconee/Sinclair Resources Office Georgia Power is committed to preserving the scenic, environmental and recreational value of the lakes while complying with our Federal Energy Regulatory Commission (FERC) license and all federal, state and local laws and regulations. 2017 Georgia Power. Georgia Power is known for Value, Reliability, Service and Stewardship. Today I had a call asking about one of those homes that is located on a Georgia Power lease lot. ActiveRain, Inc. takes no responsibility for the content in these profiles, Richard- myth all GA power leases are 15 years. The yearly lease fee is $900 at this time. Disclaimer: ActiveRain, Inc. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. 1034 Silver Drive, Suite 103 Greensboro GA 30642 706-453-3333 You might be surprised to learn that were the largest non-governmental provider of recreational facilities in Georgia. You can always call them to verify the current information at 706-485-8704. Save your search and be the first to know. Georgia Power owns the land and leases the land to the owner of the improvements. In addition to that property tax bill, they also receive an annual lot assessment from Georgia Power to cover the passthrough of property tax for the land lot. Access lots contain a portion of shoreland which is owned by GPC in fee. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. 20+ Years Selling Homes in New Port Richey, FL, Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668, Tammy@lake-sinclair.com126 PEA RIDGE ROAD, Lake Sinclair: we love it, we know it, & we sell it. The lake will usually have 230 or so lake lots and land for sale. For readers who are not members of ActiveRain feel free to also add your comments or you can click on the EMAIL me link to the right of this blog and email me. Property typeCottage; Max Sleeps6; Min Stay2 Nights; Property has full kitchen, breakfast area, living room with TV, internet available, lots of windows with lake view, handicap ramp, wrap around deck with furniture, propane grill, fishing pier, small beach area and woods along lake shore. RESIDENTIAL INFORMATION SHORELINE GUIDELINES. Lease Lot (Leasehold Ownership): With regard to Georgia Power leasehold ownership, the land lot (dirt) is owned by Georgia Power while the improvements (including structures, boathouse, etc.) ActiveRain, Inc. takes no responsibility for the content in these profiles, Eatonton, GA 31024 Jackson, GA 30233 Georgia Power does still have to permit all docks, seawalls and boat houses even on fee simple lots. Level 3 soil report. I use IE, http://www.lake-sinclair.com/blogs/tammy_lankford/archive/2008/09/19/looking-for-lake-front-property-then-lake-sinclair-is-your-answer.aspx. This information couldbe important as part of the Sellers disclosure process. Located in sought after Waters Edge section of Holiday Shores. The information below was provided from the Georgia Land Managment office and subject to change. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. Georgia Power helps businesses make smart investments in energy efficiency. Georgia Power Leasehold Vs. Fee Simple Ownership: Georgia Power Leasehold Vs. Fee Simple Ownership. Endre- that's my in laws favorite anniversary destination they should visit again soon. For more information, call the land management office or visit the Georgia Department of Natural Resources online. All rights reserved. Space to dock a boat available upon request. Listing data sourced from Georgia Multiple Listing Service # 20105948. Volunteer and help us clean our rivers, streams, lakes and wetlands by joining a local cleanup program. The lake is large enough to enjoy all types of on-water recreation. 2745 North Columbia Street , Milledgeville, GA 31061 In Business Since 1983. How about license agreement? We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. Purchasing a home on a Georgia Power Lease Lot Contact appropriate GPC lake office as soon as you are under contract to begin the process of transferring the lease. Green County Building & Zoning. Southern Company. The lake is sheltered by the heavily forested hills that are found in this part of the state. If you find yourself at the lake, obviously you need to get out ON the lake. The GPC shoreline management representative for your county/lake will complete a pre-transfer inspection to confirm what, if any, compliance issues exist. The standard answer that we provide to our clients is the following handout. /* */ Georgia Power owns the land and leases the land to the owner of the improvements. Some of those lease lots have homes for sale. What types of boats are allowed on Georgia Power lakes? What's the reason you're reporting this blog entry? MLS Number Property Type List Price Waterfront Location County Site Built Area Only Subdivision Apx SqFt Bedrooms Full Baths Half Baths City Street Name Year Built Construction Ownership. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. An annual fee applies. Georgia Power (Southern Company) owns 15 lakes in Georgia and Lake Sinclair has some very unique ownership types that are not found at all Georgia Power lakes and none of the core of engineer lakes in our state. Simply give us the necessary control of issues as aesthetics and the privately property. Gpc is required on these type properties and an annual fee applies make smart investments in energy efficiency sale. Lots have homes for sale lot to offer new as-built survey may be required at time ofearly renewal with... Is located about 90 drive southeast of Atlanta large enough to enjoy types. 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