Over one-third of Georgians—2.3 million people—live in approximately 873,600 homes in 11,200+ community associations. According to the Foundation for Community Association Research and its Community Association Fact Book, these Georgia homes are generally valued at least 4% more than other homes. However, proposed legislation in the Georgia House and Senate, including SB 107, SB 108, and HB 512, threatens to disrupt the financial stability of community associations and their members by increasing association expenses, reducing revenue, and forcing higher assessments (dues), potentially leading to declines in home sales and property values. Read the article…………………………….
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