GA HB1222

Condominium and property owners' associations must issue statements of account within 10 business days of receiving a request from unit/lot owners, mortgage lenders, or their designees

Statements must include detailed information: owner name, property address, assessment amounts and due dates, itemized list of all moneys owed, open violations, copies of covenants/bylaws, and insurance information

Statements have a 30-day effective period; associations waive the right to collect any amounts exceeding what is disclosed, and liens for incorrectly disclosed amounts are extinguished

Maximum fee of $250 for statement preparation (plus $50 for expedited 3-day service), and associations cannot charge the requester any fees for the statement

Applies to condominiums under the Georgia Condominium Act, properties under the Georgia Property Owners' Association Act, and common interest communities with 15+ lots requiring mandatory assessments; effective for contracts entered on or after July 1, 2026