GA HB1251

Requires community associations (HOAs, condo associations, property owners' associations) to provide unit owners access to critical documents within 14 days of request and maintain a secure online database containing these records

Mandates annual reports to unit owners covering current insurance policies, financial health including reserves, and outstanding debts and liabilities

Requires independent financial audits at least every two years, with results made available to unit owners within 30 days of completion

Obligates associations to provide unredacted bank statements upon request, maintain bank records for at least seven years, and notify owners of material insurance coverage changes within seven days

Creates a private cause of action for unit owners seeking damages, imposes fines up to $500 per violation, and allows courts to award attorney's fees to prevailing parties