What type of transactions does the Georgia Uniform Commercial Code apply to?

The Georgia Uniform Commercial Code (UCC) primarily applies to commercial transactions involving personal property. This extensive set of laws governs various aspects of commercial transactions including the sale of goods, leases, negotiable instruments, bank deposits, and secured transactions.

In contrast, residential property sales fall outside the scope of the UCC, as these transactions are governed primarily by real estate laws. Homeowner association rules typically pertain to the governance and regulations of residential communities and are not covered by the UCC. Investment properties, while often involving commercial transactions, do not specify the regulations set forth by the UCC unless they specifically deal with the sale of goods or personal property. Consequently, the application of the UCC is best characterized by its focus on commercial transactions related to personal property.