GA HB1115

Prohibits institutional investors, corporations, LLCs, partnerships, trusts, and other private entities from owning or possessing an interest in more than 2,000 single-family residences in Georgia, effective January 1, 2027

Requires entities owning more than 2,000 single-family residences to file annual reports under penalty of perjury with the state auditor between December 1-31 each year, beginning in tax year 2026

Creates a private cause of action allowing individuals to sue violators and recover actual damages or $15,000 in statutory damages per residence, plus attorney's fees, with each residence over the limit constituting a separate violation

Applies to single-family residences defined as detached structures with 1-3 dwelling units or townhouses, and includes indirect ownership through affiliates and shareholders

Prohibits government entities including the Attorney General and district attorneys from intervening in private lawsuits, though amicus briefs are permitted; claims must be filed within 4 years and may proceed as class actions