Legal Question in Real Estate Law in Georgia

Property Owners Associations

When purchasing a house, should the buyer be made aware of any active property owner association, prior to the closing of the property ? If so can you please provide me with statues or codes that would define this in the state of Georgia.

Also any other codes pretaining to operation (meetings, financial etc) of the association would be helpful.

Thank you


Asked on 7/15/00, 11:20 am

1 Answer from Attorneys
Charles W. Field Charles W. Field, Attorney at Law

Re: Property Owners Associations

I represent a number of homeowner associations and am familiar with this problem. In my opinion, the answer is "Yes, prospective buyers and new homeowners should be apprised of the existence of both the homeowners association as well as covenants affecting your property. However, there is no law currently on the books that requires this disclosure.

As to the law about conducting the association business, you will need to consult the Georgia Corporations Code. You can find it at:

http://www.ganet.org/services/ocode/ocgsearch.htm

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Answered on 9/13/00, 5:59 pm


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