Georgia General Assembly passes HB 383 in a landmark update of the Georgia Condominium Act. This bill provides condominium developers relief from paying common area maintenance expenses on any unsold units for up to 24 months. This bill also allows developers to sell units without a certificate of occupancy for owners wishing to customize their own units. This bill also creates master and sub-condominiums within the same development. Finally, the bill allows developers the ability to pursue phased condominiums, previously not allowed under Georgia law.
