Georgia Power cannot accept scanned legal documents or electronic signatures via email. (Directions) A new as-built survey may be required to transfer lease. Please be aware that our shoreline guidelines are subject to revision based on changes to the shoreline management landscape, FERC discretion or other factors. Fortson, GA 31808 Rip Rap seawall with over 130 feet of water frontage. Of that, 30,000 acres is being used for wildlife management areas operated by the Wildlife Resources Division of the Georgia Department of Natural Resources. Georgia; Lake Sinclair; Enjoy Lake Living with Open Lake Views $399,000. The great part about Georgia Power lease lots is size, many of them are larger and with lots more shorline than your average fee simple lot. This is a great explanation.. and it is important for buyers to know the difference and what the pros and cons may be so they can make an informed decision. that are written by the members of this community. are owned by the leaseholder (purchaser). Please see our. You may select a form(s) to submit online, or select each applicable PDF to print, fill out, then mail or fax to your Land Management Office. Spend the day with the wind rushing through your hair, jumping in the cooler, deeper water and a friendly game of tossing your family . The following information was published and distributed by GA. Power Company in 2006. Over the last 11 years The Lake Team has been involved in over $270,000,000 in sales on Office1516 Bartletts Ferry Road Lake Oconee and Lake Sinclair are both relaxing and rejuvenating. You have an odd situation there, and I am glad that you keep exlaining it. A new as-built survey may be required at time ofearly renewal. Many times we get that question when people begin their Lake Sinclair property search and explain there are different types of overship found around our lake. (Directions) If you wish to report an issue or seek an accommodation, please let us know. The three bedroom two bath home is ready for weekend fun. It looks like Georgia Power has all of the power at Lake Sinclair. We always have water at lake sinclairLake Sinclair stays full even during droughts. ActiveRain, Inc. takes no responsibility for the content in these profiles, Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Office1516 Bartletts Ferry Road 706-746-1450, Central Georgia Lake Jackson Resources Office GRI,IMSD-Taking the mystery out of real estate. 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. /* ]]> */ Georgia Power has established a lease transfer fee that is relevant solely to leasehold properties. LOL. License agreements are free and simply give us the necessary control of issues as aesthetics and the environment. 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.) Bob- in our area only certain local lenders will do some of these. Do not reuse text or graphics without written permission. Zillow has 41 homes for sale in Milledgeville GA matching Lake Sinclair. Are you sure you want to report this blog entry as spam? The transfer of lease is required to take place in conjunction with your closing. Property For Rent In Madison, Georgia. Georgia Power outdoor recreation facilities offer areas accessible to people who use wheelchairs or have special physical limitations. Lot has been cleared and has a temporary power pole in place. MLS ID #10121711, LAKE HOMES REALTY LLC $150,000 1.89 acres lot - Lot / Land for sale 43 days on Zillow Loading. Used under license. License agreements are free and simply give us the necessary control of issues as aesthetics and the environment. Write posts that last forever aka evergreen, Avoid the rant, blogging and on social media. Zillow, Inc. holds real estate brokerage licenses in multiple states. Carport with attached workshop is plumbed and could become a small apartment. (Directions) Contact appropriate GPC lakeoffice for transfer documents. Private Owned Lot Private owner has ownership rights down to the high-water mark of the lake. 1034 Silver Drive, Suite 103 Greensboro GA 30642 706-453-3333 Eatonton, GA 31024 Two water front lots on Lake Sinclair that are VRBO friendly due to not being Georgia Power lease lots. For leasehold properties, the Georgia Department of Revenue taxes Georgia Power for their land holdings. This leads to stable water levels year-round, even in the case of drought. Access leases run for 15 years with a current rate of $100 per year. Eatonton, GA 31024 Office: 404-408-HOME How many names (lessee's) are allowed to be on a Lake Sinclair lot lease? 706-322-0228, Office180 Dam Road 2017 Georgia Power. }, Tammy - that's really important info and you did a great job explaining it. Great information for your lake buyers! These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them A boat ramp, picnic area, walking trail, and banks to fish from ensure a great time whether you are an avid fisherman or teaching the kids how to fish. So many of the Condominiums Owners pay a Land Lease. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. For additional information regarding Georgia Power leasehold ownership, we encourage you to visit the Georgia Power Shoreline Management Guide. Our team of five full time REALTORS provides This reservoir was created by Georgia Power in 1979 along with its twin sister, Lake Sinclair, to. Property Details Beds: 3 Baths: 2.0 Sq Feet: 1430 Year Built: 1969 Lake: Lake Sinclair Acres: 0.850 Lakefront: Yes Lakeview: Yes ViewTypes: Lake County: Baldwin County Lake Community: Georgia Power Area custom: function( $ ){ Two water front lots on Lake Sinclair that are VRBO friendly due to not being Georgia Power lease lots. Check out these frequently asked questions to find answers before contacting the local land management office. Private owner has ownership rights down to the high-water mark of the lake. And I'm going to get some of my friends to check the link today too. disableOthers: false, Eatonton, GA 31024 If you have questions about something on Lake Sinclair call me or email me. Lake elevations are always subject to change, depending on river conditions. But sometimes power is overshadowed by control. Lake Sinclair and Milledgeville and Eatonton have a lot to offer. Please switch to a supported browser or download one of our Mobile Apps. Contact appropriate GPC lake office as soon as you are under contract to begin the process of transferring the lease. This 3-bedroom, 2-bathroom vacation rental has everything you'll need to simply sit back, relax, and enjoy a day on the lake. So right after I emailed it to her, I began to write this post. Enjoy seasonal duck hunting or deer hunting. Copyright Lake Country Board of REALTORS. An annual fee applies. 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. 400+ miles of shoreline and over 15,000 acres of surface area. A "strip lease" has no part . (Directions) There is a lease transfer fee associated with purchasing one of these lots. A strip lease lot has two separate types of ownership on the same lot. 7.11 Acres in Hancock County - Country Acreage on Lake Sinclair - 2-3 Potential Homesites - Located at Back End of Cove - Cove is Directly off Main Channel - Easily Launch a Kayak, Canoe, or Jon Boat - Part of Sinclair Bluffs Community - No HOA or Community Restrictions - Mobile/Modular Homes Allowed - Power & Water Available at Road - Surveyed . Community emPowering Environment Lakes and Rivers Lakes FAQs Our Lakes Daily Lake Levels River Levels Water Safety Volunteer Programs FAQs Get the answers to some frequently asked questions regarding Georgia Power lakes. And having been born and raised in this area, I can also tell you where the best coves are for skiing and fishing. You must sign original legal documents from GPC andhave them notarized and witnessed in order to validate document. Fannie Mae requires that the term of the leasehold estate must run for at least 5 years beyond the maturity date ofthe mortgage unless fee simple title will vest at an earlier date in the borrower, a homeowner's association, or a co-op cooperation. This file is auto-generated */ Property Details. She asked "Do you have it on line?" Disclaimer: ActiveRain, Inc. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. We are there before, during, and after the sale. the highest level of service for buyers and 404-954-4040, Office4 Seed Lake Road Today I had a call asking about one of those homes that is located on a Georgia Power lease lot. that are written by the members of this community. There is no application until you have closed on the home. Shop LEDs, Smart Thermostats, Advanced Power Strips and More. Previously I laid out the 4 different types of property ownership on Lake Sinclair. Please do not use without my express written permission. (Directions) Georgia Power has defined a valuation of each lake lot they own and they passthrough a lot assessment to the Leaseholders of individual leasehold lots each year to account for this taxation. 'phone_conversion_number': '706-212-0228' Call me today for all your Lake Sinclair real estate needs. Georgia Power maintains flood rights to the 350 elevation on this property and residents need a license agreement with Georgia Power for building or maintaining any seawalls or docks on the lake. [CDATA[ */ make an informed decision when buying or selling a house. Access your secure online account 24/7, explore money-saving products, compare rate plans and find rebates and incentives. Perfect site for a walk out basement home on this large over an acre lot. 1.72 acres in total. View this data to determine the current lake level based on rain fall. Whether you're a beginner or an expert on the water, make sure you know the rules. And you just might find your question on my blog in the future. * FULLY OWNED - (Also known as fee or fee simple) The property owner owns all of the land down to the lake. 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. Before a lease is issued, the lessee will be responsible for meeting certain requirements. All Rights Reserved. (Directions) Now let's talk about the 2nd lot with an RV canopy. Disclaimer: ActiveRain, Inc. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. Georgia Power campgrounds on Lake Oconee all have essentially the same setup, but Old Salem (1530 Old Salem Road, Greensboro; 706-467-2850) gets extra points for its setting.