2011-2012 Regular Session - SB 479
Specialized Land Transactions; require the purchaser of a condominium development at a foreclosure; take title subject to lien in favor of condominium
Sponsored By
Committees
First Reader Summary
A BILL to be entitled an Act to amend Chapter 3 of Title 44 of the Official Code of Georgia Annotated, relating to regulation of specialized land transactions, so as to require the purchaser of a condominium development or other property development at a foreclosure sale to take title subject to a lien in favor of the condominium or property owners' association; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.
Status History
Feb/24/2012 - Senate Read and Referred
Feb/23/2012 - Senate Hopper
Versions