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HB1364 • 2025

Property; nonjudicial foreclosures on time-share estates; provisions

Property; nonjudicial foreclosures on time-share estates; provisions

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Leverett, Rob
Last action
2026-02-24
Official status
House Committee Favorably Reported
Effective date
Not listed

Plain English Breakdown

The official bill text provided was a corrupted PDF file containing unreadable characters, so specific details could not be verified beyond the summary.

HB1364: Changes to Time-Share Foreclosure Rules

This bill repeals the law allowing lenders to take back time-share properties without going to court, except for some older time-shares.

What This Bill Does

  • Repeals provisions that allow nonjudicial foreclosures on time-share estates.

Limits and Unknowns

  • The official text does not list the specific time periods for which exceptions apply.
  • No effective date is listed in the source material.
  • Details on related matters are unknown because the full bill text was unreadable.

Bill History

  1. 2026-02-24 Georgia General Assembly

    House Committee Favorably Reported

Official Summary Text

Property; nonjudicial foreclosures on time-share estates; provisions