State Issues
Georgia Enacts First Major Statewide HOA Reform
June 2, 2026
In addition to tax legislation, Governor Brian Kemp has also signed landmark legislation often referred to as the Georgia Property Owners’ Bill of Rights Act (SB 406), marking the state’s first comprehensive statewide framework regulating homeowners’ associations (HOAs).
The law was designed in response to growing concerns from homeowners about excessive fines, lack of transparency, and inconsistent enforcement practices within HOAs across Georgia.
Key Protections for Homeowners are intended to reduce situations where homeowners face escalating legal costs or risk of foreclosure over relatively minor violations.
Among other items, the legislation requires most HOAs to register with the Georgia Secretary of State, and if an HOA fails to comply with registration requirements, it may lose the ability to enforce fines or initiate collection actions.
About the GRBOR Market Brief
The Greater Rome Board of REALTORS® (GRBOR) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS).For more information on details of this month's report, please contact the Board at 404.845.4025.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Greater Rome Board of REALTORS®
The Greater Rome Board of REALTORS® (GRBOR) has been an instrumental factor in the growth of real estate in Floyd County, Georgia for more than a decade. GRBOR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About Georgia Multiple Listing Service
Since 1962 Georgia MLS has been providing real estate professionals with exceptional service, proven technology solutions, and unmatched value. With a laser-sharp focus on making the day-to-day tasks of our MLS subscribers more functional, more productive, and more profitable, we continue to implement the service blueprint that has led to our continued growth. For additional information or to start a discussion about how to partner with GAMLS please contact georgiamls@gamls.com.