Committee approves bill to cap HOA closing‑letter fees at $250

HB 1222, a bill to cap the fee that homeowner associations may charge for a closing letter at $250, cleared the Regulated Industries Committee by voice vote.

An unidentified presenter explained the committee substitute adds language encompassing the Georgia Condo Act and Georgia Property Owners Association so those associations are explicitly covered. The presenter said the 2018 effort reached the governor's desk but did not cross over because caps at that time were higher; the substitute adopts the $250 cap.

Committee members uniformly praised the bill as needed oversight for associations; Representative Williams offered a motion for a due pass, it was seconded, and the ayes carried. The chair advised the sponsor to stop by the office to sign the rule sheet.

Next steps: the measure was reported out with a due pass and will move forward under the legislative calendar.