Official Code of Georgia Annotated

Title 44. PROPERTY · Chapter 3. REGULATION OF SPECIALIZED LAND TRANSACTIONS · Article 7. SPECIALIZED LAND TRANSACTIONS

44-3-250. Itemized reporting of expenses by developers.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Any developer that directly manages a homeowners’ or condominium owners’ association whose annual assessment fee is $500.00 or more in a development or subdivision with 20 or more homes shall provide a report itemizing the expenses for such homeowners’ or condominium owners’ association to each homeowner or condominium owner not later than 60 days after the end of the year for which fees were assessed. This Code section shall not apply to any development that has been made a property owners’ development in accordance with Article 6 of this chapter, the ‘‘Georgia Property Owners’ Association Act.’’

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 44-3-250, enacted by Ga. L. 2009, p. 326, § 1/HB 528.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t44-ch1-7-(v31)-2010-pdf.pdf, Volume V31, 2010 edition, pages 324 to 325; merge action: carried; file SHA-256 490191d3dc54.

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