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GA HB512

Bill

Status

Introduced

2/19/2025

Primary Sponsor

Regina Lewis-Ward

Click for details

Origin

House of Representatives

2025-2026 Regular Session

AI Summary

  • Property owners' associations must provide lot owners a free annual certificate of good standing within 45 days of each fiscal year end for lots with all assessments paid in full

  • Associations must issue detailed statements of account within 10 business days of request, containing assessment amounts, payment history, violations, insurance information, and governing documents; statements are valid for 30 days

  • Associations cannot charge requesters for statements of account; authorized agents may charge the association up to $250 (or $300 for expedited 3-day service), and incorrect amounts disclosed release purchasers from obligation to pay the error

  • Associations must adopt written alternative dispute resolution policies and offer lot owners free participation in mediation, arbitration, or similar procedures before creating a lien for unpaid assessments

  • Applies to contracts entered into or renewed on or after July 1, 2025

Legislative Description

Property owners' associations; revise provisions

Last Action

House Withdrawn, Recommitted

4/4/2025

Committee Referrals

Regulated Industries2/20/2025

Full Bill Text

No bill text available