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GA SB251

GA SB251
"Fair Business Practices Act of 1975,"; rent pricing for residential properties; encourage transparency and fairness


summary

Introduced
02/25/2025
In Committee
02/26/2025
Crossed Over
Passed
Dead
04/02/2026

Introduced Session

2025-2026 Regular Session

Bill Summary

AN ACT To amend Part 2 of Article 15 of Chapter 1 of Title 10 of the Official Code of Georgia Annotated, relating to the "Fair Business Practices Act of 1975," so as to encourage transparency and fairness with respect to rent pricing for residential properties; to prohibit landlords from failing to disclose the total rental price of any residential property and charging deceptive fees for any residential property; to provide for definitions; to provide for statutory construction; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.

AI Summary

This bill amends the Fair Business Practices Act of 1975 to enhance transparency and fairness in residential rental pricing by establishing new requirements for landlords. Specifically, the bill defines key terms such as "deceptive fees" and "total rental price," and makes it unlawful for landlords to advertise rental prices without clearly and conspicuously disclosing the total rental price, which includes all mandatory and governmental fees. Landlords are prohibited from charging excessive or unreasonable fees, including fees for services not actually used, fees related to legally required services, fees that restrict competition, or fees not specified in the rental agreement. The bill requires landlords to disclose the full rental price before entering into an agreement or accepting payment and provides a comprehensive definition of what constitutes a deceptive fee, which can include charges that are reasonably avoidable, excessive, or designated as such by the Attorney General. The legislation applies to all types of residential properties, including hotels, vacation rentals, and short-term rental properties, and will take effect upon the Governor's approval, applying to all rental agreements entered into on or after that date.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Senate Economic Development And Tourism Committee (08:00:00 2/28/2025 450 CAP) (on 02/28/2025)

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