Plain English Breakdown
The effective date is not listed in the official metadata or summary text.
HB1219: Rules for New Property Owners' Associations
This bill requires new property owners' associations in Georgia to follow the state's Property Owners' Association Act and sets rules for voting on association status, terminating an association, court approval of termination plans, appointing a trustee with specific duties, and penalties.
What This Bill Does
- Requires newly created property owners' associations to be subject to the Georgia Property Owners' Association Act.
- Requires property owners' associations to vote on whether they want to be subject to such acts.
- Provides for the termination of property owners' associations.
- Sets procedures for a vote to terminate a property owners' association.
- Requires court approval of plans that end an association.
- Establishes procedures to terminate a property owners' association.
- Creates the role of a termination trustee with specific powers and duties.
- Provides for penalties related to these rules.
Who It Names or Affects
- Newly formed property owners' associations in Georgia
- Property owners' associations that vote on their status or termination
Terms To Know
- Georgia Property Owners' Association Act
- The state law regarding rules for property owners' associations.
- Termination Trustee
- A person appointed with specific powers and duties to help end a property owners' association.
Limits and Unknowns
- The official text does not state when these rules will officially take effect.
- Specific details about the penalties are mentioned but their amounts or exact nature are not listed in this summary.