GA SB230

Increases the maximum insurance deductible that condominium associations can allocate to individual unit owners from $5,000 to $25,000 per casualty loss

Requires condominium associations to provide written notice to all unit owners of any material change in the association's master insurance policy deductible

Notice must be sent by at least first class mail to the unit owner's address of record, or may be delivered in person, electronically, or by fax with the owner's written consent

Amends Code Section 44-3-94 of the Official Code of Georgia Annotated relating to damage or destruction of condominium units