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Committee considers capping condominium settlement letter fees at $250
Summary
Representative Lewis Ward presented HB 1222 to amend the Georgia Condominium Act and Georgia Property Owners Association Act to cap closing/settlement‑letter fees at $250; Chairman Powell noted a similar bill was vetoed in 2019 and the sponsor said the language has been amended.
Representative Lewis Ward presented House Bill 1222 to the Rules Committee, saying the measure would amend the Georgia Condominium Act and the Georgia Property Owners Association Act to permit charging no more than $250 for a closing or settlement letter.
Representative Lewis Ward described the bill as a single change: "It proposes to amend the Georgia condo act and the Georgia property owners association act to allow them to charge no more than $250 for a closing or settlement letter." Chairman Powell asked whether a similar bill had been passed by the legislature in 2019 but vetoed; the presenter confirmed the bill has been amended and said it should be applicable today.
The bill was presented for committee consideration; the transcript records no formal vote on HB 1222 and no affected agencies or fiscal impacts were discussed during the hearing.
