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Sections 85 and 86 of the Condominium Act, 1998 (the ?Act?) set out a condominium corporation's power and authority to have, register and enforce a lien against a unit owner's property on account of non payment of common expense contributions without any form of judicial process.
What is the Georgia Condominium Act? The Georgia Condominium Act (GCA) regulates all condominiums that were created after July 1, 1975 and any Georgia Apartment Ownership Act (AOA) that submitted to the GCA.
Section 83(1) of the Act requires landlords to notify the condo corporation of the rental and provide a copy of the lease within 10 days of signing.
If insurance to cover property damage caused by water has not been obtained by the condominium association, or if the water damage does not constitute a ?covered claim? by the insurance company, absent negligence and/or an intentional act, each party is responsible to repair and replace the Unit and/or the Common ...
A condominium shall come into existence upon the recordation of the declaration pursuant to this article and of the plats and plans required by Code Section 44-3-83. The declaration shall be duly executed by or on behalf of all of the owners and lessees of the submitted property. Ga.
Limitation on Special Assessments in Georgia In fact, for condominium associations with governing documents recorded after July 1, 1990, the current Georgia Condominium Act (the ?Act?) requires that any special assessment greater than $200.00 per unit be approved by the majority of the unit owners.