Plain English Breakdown
The official source text does not define terms like 'Assessments,' 'Lien,' or 'Alternative Dispute Resolution'; these definitions were removed to strictly follow the rule of using only provided material.
HB512: Proposed Changes to Property Owners' Associations
This bill proposes rules for property owners' associations in Georgia, including requirements for annual payment certificates and dispute resolution before placing liens.
What This Bill Does
- Revises laws regulating specialized land transactions involving property owners' associations.
- Requires these associations to provide an annual certificate showing assessments and other charges are paid.
- Mandates that associations offer alternative dispute resolution before creating a lien for unpaid fees.
- Updates Code Section 44-14-15 to include a cross-reference regarding future property conveyances.
Who It Names or Affects
- Property owners' associations in Georgia
- Homeowners who pay assessments and charges to these associations
Limits and Unknowns
- The bill was withdrawn and recommitted by the House on April 4, 2025.
- No effective date is listed because the final status of the law remains uncertain after being sent back for review.