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GA SB29

GA SB29
Property Owners' Associations; certificates of good standing for payment of annual assessments; provide

summary

Introduced
01/26/2023
In Committee
01/30/2023
Crossed Over
Passed
Dead
03/28/2024

Introduced Session

2023-2024 Regular Session

Bill Summary

AN ACT To amend Article 6 of Chapter 3 of Title 44 of the Official Code of Georgia Annotated, relating to property owners' associations, so as to provide for certificates of good standing for payment of annual assessments; to require associations to offer to participate in alternative dispute resolution prior to the effectuation of a lien on a lot for unpaid assessments; to provide that such a lien shall be inferior to liens for unpaid medical bills; to provide for alternative dispute resolution policies and requirements therefor; to provide for a definition; to provide for related matters; to provide for applicability; to repeal conflicting laws; and for other purposes.

AI Summary

This bill amends Georgia's laws relating to property owners' associations. It requires associations to provide a certificate of good standing to lot owners who have paid their annual assessments on time and have no other outstanding balances. The bill also requires associations to offer alternative dispute resolution (ADR) before obtaining a lien on a lot for unpaid assessments. It specifies that such a lien shall be inferior to liens for unpaid medical bills. The bill also sets requirements for associations to adopt a written policy for a fair and expeditious ADR procedure. The bill applies to contracts entered into after July 1, 2023, and repeals any conflicting laws.

Committee Categories

Justice

Sponsors (3)

Last Action

Senate Read and Referred (on 01/30/2023)

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