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GA HB1252
Bill
Status
2/9/2026
Primary Sponsor
Phil Olaleye
Click for details
AI Summary
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Prohibits institutional real estate investors from acquiring single-family or two-family residences until 30 days after the property is listed for sale
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Requires institutional investors to allow single-family resident home buyers the opportunity to match any purchase offer before the investor can acquire the property
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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
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Defines "single-family resident home buyer" as a purchaser seeking a primary residence, excluding vacation or investment property purchases
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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