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GA HB1252

Bill

Status

Introduced

2/9/2026

Primary Sponsor

Phil Olaleye

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Prohibits institutional real estate investors from acquiring single-family or two-family residences until 30 days after the property is listed for sale

  • Requires institutional investors to allow single-family resident home buyers the opportunity to match any purchase offer before the investor can acquire the property

  • Defines "institutional real estate investor" as an entity that owns 100+ single-family or two-family residences, manages pooled investor funds, acts as a fiduciary, and has $375 million or more in net value or assets under management

  • Defines "single-family resident home buyer" as a purchaser seeking a primary residence, excluding vacation or investment property purchases

  • Amends Article 2 of Chapter 5 of Title 44 of the Official Code of Georgia Annotated, relating to property conveyances

Legislative Description

Homes for Georgians First Act; enact

Last Action

House Second Readers

2/11/2026

Committee Referrals

Judiciary2/10/2026

Full Bill Text

No bill text available