---
title: SB 315. Property Owners' Associations; property owners' associations to provide disclosures and certain documents before a lot sale closes; require
collection: bills
id: 2025-2026/sb315
cite_as: SB 315, 2025-2026 Regular Session (Ga.)
canonical_url: https://georgiacommons.org/bills/2025-2026/sb315
md_url: https://georgiacommons.org/bills/2025-2026/sb315.md
text_url: https://georgiacommons.org/bills/2025-2026/sb315/text
source_url: https://www.legis.ga.gov/legislation/71034
date: 2025-03-03
status: introduced
corpus_version: bills-2026-09-12
license: Public record of the Georgia General Assembly, via LegiScan; see about.md
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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omitted: votes and history
omitted_chars: 95
omitted_url: https://georgiacommons.org/bills/2025-2026/sb315.md?full=1
bill_number: SB 315
session: 2025-2026 Regular Session
session_slug: 2025-2026
chamber: Senate
bill_type: bill
status_date: 2025-02-28
last_action: Senate Read and Referred
sponsors:
  - Jason Esteves
  - Donzella James
  - RaShaun Kemp
  - Randal Mangham
  - Nabilah Islam Parkes
text_version: Introduced
has_text: true
legiscan_url: https://legiscan.com/GA/bill/SB315/2025
upstream_id: 1989301
summaries_model: claude-sonnet-5
topic_tags:
  - homeowners associations
  - real estate disclosures
  - property owners associations
  - home buying rights
  - housing law
---

# SB 315. Property Owners' Associations; property owners' associations to provide disclosures and certain documents before a lot sale closes; require

## Text

Senate Bill 315
By: Senators Esteves of the 35th, James of the 28th, Kemp of the 38th, Mangham of the 55th
and Islam Parkes of the 7th
A BILL TO BE ENTITLED
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 require property owners' associations to
provide disclosures and certain documents before a lot sale closes; to provide for forms; to
provide for definitions; to provide for penalties; to provide for a cause of action; to provide
for an effective date and applicability; to provide for related matters; to repeal conflicting
laws; and for other purposes.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION 1.
Article 6 of Chapter 3 of Title 44 of the Official Code of Georgia Annotated, relating to
property owners' associations, is amended by adding a new Code section to read as follows:
<ins>"44-3-231.1.
(a) As used in this Code section, the term:
(1) 'Lot' shall have the same meaning as set forth in Code Section 44-3-221.
(2) 'Lot owner' shall have the same meaning as set forth in Code Section 44-3-221.
(3) 'Property owners' association' or 'association' means a nongovernmental association
of participating members in a delineated area comprising a neighborhood or a group of
</ins>
<ins>homeowners and property owners, including, but not limited to, a homeowners'
association.
(b)(1) A prospective lot owner in a property owners' association shall be presented a
disclosure summary before executing the contract for sale. The disclosure summary shall
be substantially similar to the following form:
'DISCLOSURE SUMMARY
FOR (NAME OF PROPERTY OWNERS' ASSOCIATION)
(1) As a purchaser of property in this association, you shall be obligated to be a
member of a property owners' association.
(2) There have been or shall be recorded restricted covenants governing the use
and occupancy of properties in this community.
(3) You shall be obligated to pay assessments to the association. Assessments
may be subject to periodic change. If applicable, the current amount is $____ per
____. You shall also be obligated to pay any special assessments imposed by the
association. Such special assessments may be subject to change. If applicable,
the current amount is $___ per ___.
(4) You may be obligated to pay special assessments to the respective
municipality, county, or special district. All assessments are subject to periodic
change.
(5) Your failure to pay special assessments or assessments levied by a property
owners' association could result in a lien on your property.
(6) There may be an obligation or rent or land use fees for recreational or other
commonly used facilities as an obligation of membership in the property owners'
association. If applicable, the current amount is $___ per ___.
(7) The declarant may have the right to amend the restrictive covenants without
the approval of the association membership or the approval of the parcel owners.
</ins>
<ins>(8) The statements contained in this disclosure form are only summary in nature,
and, as a prospective lot owner, you should refer to the covenants and the
association governing documents before purchasing property.
(9) These documents are either matters of public record and can be obtained from
the record office in the county where the property is located, or are not recorded
and can be obtained from the declarant.'
(2) The disclosure shall be supplied by the declarant or by the lot owner if the sale is by
a lot owner that is not the declarant. Any contract or agreement for sale shall refer to and
incorporate the disclosure summary and shall include, in prominent language, a statement
that the potential buyer shall not execute the contract or agreement until he or she has
received and read the disclosure summary required by this Code section.
(c) Each contract entered into for the sale of a lot governed by covenants subject to
disclosure as required by this Code section shall contain in conspicuous type a clause that
states:
'IF THE DISCLOSURE SUMMARY REQUIRED BY CODE SECTION 44-3-231.1 OF
THE OFFICIAL CODE OF GEORGIA ANNOTATED HAS NOT BEEN PROVIDED
TO THE PROSPECTIVE PURCHASER BEFORE EXECUTING THIS CONTRACT
FOR SALE, THIS CONTRACT IS VOIDABLE BY DELIVERING TO SELLER OR
SELLER'S AGENT OR REPRESENTATIVE WRITTEN NOTICE OF THE BUYER'S
INTENTION TO CANCEL WITHIN 3 DAYS AFTER RECEIPT OF THE
DISCLOSURE SUMMARY OR PRIOR TO CLOSING, WHICHEVER OCCURS
FIRST. ANY PURPORTED WAIVER OF THIS VOIDABILITY RIGHT HAS NO
EFFECT. BUYER'S RIGHT TO VOID THIS CONTRACT SHALL TERMINATE AT
CLOSING.'
(d) If a disclosure summary in a substantially similar form as set forth in subsection (b) of
this Code section is not provided to a prospective purchaser before the purchaser executes
a contract for the sale of property governed by covenants that are subject to disclosure
</ins>
<ins>pursuant to this Code section, the purchaser may void the contract by delivering to the
seller or the seller's agent or representative written notice cancelling the contract within 3
days after receipt of the disclosure summary or prior to closing, whichever occurs first.
This right may not be waived by the purchaser but terminates at closing.
(e) In addition to the disclosure summary provided in subsection (b) of this Code section,
a contract shall be voidable by the buyer until at least seven days after the seller has
furnished the prospective lot owner with the documents specified in this subsection. The
furnished copy of any such document which shall be executed in order to be effective shall
be a copy of such executed document. The documents required under this subsection to
be furnished to the prospective buyer are:
(1) A copy of the declaration and of each amendment thereto as of the time of purchase;
(2) A copy of the articles of incorporation and bylaws of the association and of each
amendment to either as of the time of purchase;
(3) A copy of any management, maintenance, or other contract for the management and
operation of the association or the facilities to be used by lot owners having a term in
excess of one year. Contracts renewable without the consent of the association shall be
deemed to have a term in excess of one year;
(4) The estimated or actual operating budget for the association for the current year
containing the matters set forth in subparagraph (A) of this paragraph and a schedule of
estimated or actual expenses pertaining to each lot for the current year containing the
matters set forth in subparagraph (B) of this paragraph:
(A) Expenses of the association for:
(i) Administration;
(ii) Management fees;
(iii) Maintenance;
(iv) Rent for recreational and other commonly used facilities;
(v) Taxes on property of the association;
</ins>
<ins>(vi) Insurance;
(vii) Security provisions;
(viii) Other expenses;
(ix) Operating capital;
(x) Reserve for deferred maintenance;
(xi) Reserve for depreciation; and
(xii) Other reserves; and
(B) Expenses required of the lot owner for:
(i) Assessments to cover association expenses; and
(ii) Rent, fees, or charges payable by the lot owner directly to the lessor or the lessor's
agent under any recreational lease or lease for the use of commonly used facilities,
which leases are and payment of is a mandatary condition of ownership and which
payment is not included in the assessments paid by the lot owner to the association;
(5) A copy of any lease of recreational or other facilities that shall be used only by the
lot owners;
(6) A copy of any lease of recreational or other facilities that shall be used by lot owners
in common with any other person; and
(7) A copy of a statement setting forth the extent of and conditions or limitations
applicable to the declarant's commitment to build and submit additional lots, additional
recreational or other facilities, or additional property.
(f) The items required by subsection (e) of this Code section shall be bound or stapled into
a single package and covered by an index sheet listing each item required by said
subsection and showing either that the same is attached or does not exist. A nonrefundable
deposit not in excess of $25.00 may be required of the recipient of the documents required
by this Code section, such deposit to be applied to the purchase price of the lot in the event
of purchase by the prospective lot owner. A dated, written acknowledgment of receipt of
all items required by subsection (e) of this Code section, executed by the prospective lot
</ins>
<ins>owner, shall be prima-facie evidence of the date of delivery of said items. The
requirements of subsection (e) of this Code section may not be waived.
(g) No contract executed prior to the expiration of seven days after the actual delivery to
the prospective lot owner of the items required to be furnished by subsection (e) of this
Code section shall be of any force or effect. This subsection may not be waived. The
contract shall contain within the text the following, in boldface type or capital letters no
smaller than the largest type in the text:
'UNLESS ALL OF THE ITEMS REQUIRED UNDER CODE SECTION 44-3-231.1 OF
THE OFFICIAL CODE OF GEORGIA ANNOTATED TO BE DELIVERED TO
BUYER HAVE BEEN RECEIVED BY BUYER AT LEAST SEVEN DAYS PRIOR TO
BUYER'S EXECUTION OF THIS CONTRACT, THIS CONTRACT IS OF NO FORCE
OR EFFECT AND SHALL NOT BE BINDING ON ANY PARTY. THE ITEMS SO
REQUIRED ARE: (1) THE DECLARATION AND AMENDMENTS THERETO, (2)
THE ASSOCIATION'S ARTICLES AND INCORPORATION AND BYLAWS AND
AMENDMENTS THERETO, (3) ANY MANAGEMENT CONTRACT HAVING A
TERM IN EXCESS OF ONE YEAR, (4) THE ESTIMATED OR ACTUAL BUDGET
FOR THE ASSOCIATION, (5) ANY LEASE OF RECREATIONAL OR OTHER
FACILITIES THAT SHALL BE USED ONLY BY THE LOT OWNERS, (6) ANY
LEASE OF RECREATIONAL OR OTHER FACILITIES THAT MAY BE USED BY
THE LOT OWNER WITH OTHERS, AND (7) A STATEMENT SETTING FORTH
THE EXTENT OF THE SELLER'S COMMITMENT TO BUILD OR SUBMIT
ADDITIONAL LOTS, ADDITIONAL RECREATIONAL OR OTHER FACILITIES,
OR ADDITIONAL PROPERTY. A DATED, WRITTEN ACKNOWLEDGMENT OF
RECEIPT OF ALL SAID ITEMS SIGNED BY THE BUYER SHALL BE
PRIMA-FACIE EVIDENCE OF THE DATE OF DELIVERY OF SAID ITEMS.'
(h) The items required to be furnished or made available to a prospective lot owner under
this Code section shall constitute a part of each contract, and no change may be made in
</ins>
<ins>any such items which would materially affect the rights of the prospective lot owner or the
value of the lot without the approval of the prospective lot owner except to the extent that
such items by their own terms, by the express terms of such covered contract, or by the
provisions of this article may be changed without the consent of any lot owner or
prospective lot owner.
(i) In addition to the provisions required in this Code section, a contract shall include a
caveat in boldface type or capital letters no smaller than the largest type on the page shall
be placed upon the first page of the contract in the following words:
'ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY
STATING THE REPRESENTATIONS OF THE SELLER. FOR CORRECT
REPRESENTATIONS, REFERENCE SHOULD BE MADE TO THIS CONTRACT
AND THE DOCUMENTS REQUIRED BY CODE SECTION 44-3-231.1 OF THE
OFFICIAL CODE OF GEORGIA ANNOTATED TO BE FURNISHED BY A SELLER
TO A BUYER.'
(j) If any lot is offered for sale prior to the completion of the construction or remodeling
of such lot or of improvements of common elements, the seller shall make available to each
prospective lot owner for his or her inspection at a place convenient to the site a copy of
the existing plans and specifications for the construction or remodeling of such lot and of
the improvements of common elements, whichever is not complete at the time of such
offering for sale.
(k) Any sales brochures describing the association and the lots for sale shall include a
description and location of the recreational facilities proposed to be provided by the seller
and other commonly used facilities together with a statement indicating:
(1) Which of the facilities shall be owned by the lot owners as part of the common
elements and which of the facilities shall be owned by others;
(2) Whether, with respect to each facility so shown, the seller is obligated to complete
the same; and
</ins>
<ins>(3) The limitations or conditions, if any, on the seller's obligation to complete the same.
A caveat in boldface type or capital letters no smaller than the largest type of text material
shall be conspicuously placed on the inside front cover of the sales brochure or on the
first page containing text material or shall be otherwise conspicuously displayed
containing the following words:
'ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY
STATING REPRESENTATIONS OF THE SELLER. FOR CORRECT
REPRESENTATIONS, REFERENCE SHOULD BE MADE TO THIS BROCHURE
AND TO THE DOCUMENTS REQUIRED BY CODE SECTION 44-3-231.1 OF THE
OFFICIAL CODE OF GEORGIA ANNOTATED TO BE FURNISHED BY THE
SELLER TO A BUYER.'
(l) Any person who, in reasonable reliance upon any false or misleading material statement
or information published by or under authority from the seller in advertising and
promotional materials, including, but not limited to, the items required to be furnished by
this Code section, brochures, and newspaper advertising, or who, without having been
furnished with all of the information required to be furnished by this Code section, pays
anything of value toward the purchase of a lot located to this state shall be entitled to bring
an action against the seller for damages under this Code section at any time prior to the
expiration of one year of the date upon which the last of the events described in
paragraphs (1) through (5) of this subsection shall occur:
(1) The closing of the transaction;
(2) The first issuance by the applicable governmental authority of a certificate of
occupancy or other evidence of sufficient completion of construction of the lot to allow
lawful occupancy of the lot. In counties or municipalities in which certificates of
occupancy or other evidence of completion sufficient to allow lawful occupancy are not
customarily issued, for the purposes of this Code section, evidence of lawful occupancy
</ins>
<ins>shall be deemed to have been given or issued upon the date that such lawful occupancy
of the lot may first be allowed under prevailing applicable laws, ordinances, or statutes;
(3) The completion of the common elements and any recreational facilities, whether or
not the same are common elements, which the seller is obligated to complete or to
provide under the terms of the written contract for the sale of the lot;
(4) As to claims relating to the common elements and other portions of the association
which are the responsibility of the association to maintain, the date upon which the
declarant's right to control the association terminates; and
(5) In the event there is no written contract for the sale of the lot, then the completion of
common elements and such recreational facilities, whether or not the same are common
elements, which the seller would be obligated to complete under any rule of law
applicable to the seller's obligation.
(m) Under no circumstances shall a cause of action created or recognized under this Code
section survive for a period of more than five years after the closing of the transaction.
Any person who has a right of action for damages as provided in this Code section shall
have the additional right to rescind any contract for the purchase of a lot at any time prior
to the closing of the transaction. In any action for relief under this Code section, the
prevailing party shall be entitled to recover reasonable attorney's fees.
(n) Willful violation of any of the requirements of this Code section by the declarant, the
seller, any sales agent or broker, or any other person shall result in a fine of $1,000.00."
</ins> SECTION 2.
This Act shall become effective on July 1, 2025, and shall apply to all lot sales made on or
after such date.
SECTION 3.
All laws and parts of laws in conflict with this Act are repealed.

## Summaries written by Georgia Commons

The following was written by claude-sonnet-5 from the text above and is not part of the bill. Quote the text, not the summary.

A Georgia Senate bill would require property owners' associations to give buyers a standard disclosure form and key governing documents before a home lot sale closes, giving buyers a right to cancel if they don't get them.

### Plain-language summary

Right now, buyers of homes in property owners' associations (POAs), including many homeowners' associations, are not guaranteed a standard set of disclosures before signing a purchase contract. This bill adds a new section to Georgia's property owners' association law (O.C.G.A. § 44-3-231.1) requiring sellers or declarants to give prospective buyers a disclosure summary describing dues, special assessments, lien risks, and the association's covenants before the buyer signs a contract.
The bill also requires sellers to give buyers copies of the declaration, articles of incorporation, bylaws, management contracts, budgets, and any recreational facility leases at least seven days before the contract is signed. If these documents or the disclosure summary are not provided on time, the buyer can cancel the contract, and a willful violation carries a $1,000 fine plus a right to sue for damages and attorney's fees. The law would take effect July 1, 2025, and apply to lot sales made on or after that date.

### What it does

- Requires sellers or declarants in property owners' associations to give buyers a standardized disclosure summary before a sales contract is signed, covering dues, assessments, and lien risks.
- Requires sellers to provide copies of the association's declaration, bylaws, articles of incorporation, budgets, management contracts, and facility leases at least seven days before signing.
- Gives buyers the right to void a sales contract if the disclosure summary or required documents were not delivered on time, though this right ends at closing.
- Creates a $1,000 fine for willful violations by a declarant, seller, sales agent, or broker, plus a private right to sue for damages and attorney's fees.
- Sets a one-year window (measured from events like closing or certificate of occupancy) to bring a damages lawsuit, capped at five years after closing.
- Requires sales brochures for these communities to disclose which recreational facilities are owned in common and any limits on the seller's obligation to complete them.

### Who it affects

Prospective home buyers in Georgia neighborhoods governed by property owners' or homeowners' associations, the associations themselves, declarants (developers who create the community), sellers of individual lots, and real estate sales agents and brokers involved in these transactions.

### Why it matters

Buyers in Georgia communities with mandatory homeowners' association dues would get formal, written warning about fees, special assessments, and lien risks before signing a contract, and a chance to back out if they don't receive it. Sellers and associations would face new paperwork duties and potential fines or lawsuits for skipping them.

### Key provisions

- Section 1 adds new Code Section 44-3-231.1 requiring a disclosure summary in a specified form covering membership obligations, dues, special assessments, and lien risk.
- The disclosure must be referenced and incorporated into the sales contract, with a required warning statement that the buyer should not sign until receiving it (subsection (b)).
- Buyers may void the contract within 3 days of receiving the disclosure summary or before closing, whichever comes first, and this right cannot be waived (subsections (c) and (d)).
- Sellers must furnish seven categories of documents, including the declaration, bylaws, budgets, and facility leases, at least seven days before the buyer signs, and this requirement cannot be waived (subsections (e) through (g)).
- A nonrefundable deposit of up to $25.00 may be charged for these documents, applied to the purchase price if the sale goes through (subsection (f)).
- Sales brochures must disclose ownership and completion status of recreational facilities and include a required caveat about oral representations (subsection (k)).
- Buyers harmed by false statements or missing disclosures may sue for damages within one year of specified triggering events, capped at five years after closing, with attorney's fees for the prevailing party (subsections (l) and (m)).
- Willful violations by a declarant, seller, agent, or broker result in a $1,000 fine (subsection (n)); the Act takes effect July 1, 2025, applying to lot sales on or after that date (Section 2).

## Status

- Status: Introduced (2025-02-28)
- Last action: Senate Read and Referred (2025-03-03)
- Sponsors: Jason Esteves, Donzella James, RaShaun Kemp, Randal Mangham, Nabilah Islam Parkes
- Official page: https://www.legis.ga.gov/legislation/71034

> The history, votes, and amendments (95 characters) are at https://georgiacommons.org/bills/2025-2026/sb315.md?full=1