Types of Lake Sinclair Property Ownership
Many people get confused when they first hear of the different types of property ownership on Lake Sinclair. There are 4 different classification of ownership on Lake Sinclair. They all have to do with privately owned property and Georgia Power owned property. When speaking of Georgia Power owned property it is referred to as a Georgia Power Lease. Below is an explanation of each property and a diagram to help explain.
Full Fee Simple (Property is owned to the shoreline.)
Lease Access Lots (Georgia Power owns the land from the lake to the 350 contour line, lessee owns the remaining land and the home is on the owned section)
Residential Access Lease Lots (Georgia Power owns the land from the lake to the 350 contour line, lessee owns the remaining land. All or part of the existing home is on the Georgia Power section. You may not build any portion of a new home in an access area.)
Lease Lots (All the property is owned by Georgia Power)
1) Interested individuals acquire the rights of a Georgia Power Lease from the current Lessee
Georgia Power controls and permits all shoreline construction—Docks, Boatshelters, Seawalls and Dredging
Georgia Power reserves the right to change their lease terms; if you have additional questions please contact the Georgia Power Land Department at 706-485-8704.
** be sure to buy a copy of The Official Georgia Boater Safety Handbook at: http://www.boat-ed.com/georgia/handbook/
Contact Alan Haley at Lakeside Realty if you have any Lake Sinclair real estate needs. email@example.com Phone: 478-457-6840