Jennifer is listing a property in Sunset Hills, where the HOA was established in 1998. The association's covenants were recorded with a 25-year automatic renewal clause. The homeowner asks Jennifer when these restrictions will expire. What should Jennifer tell the homeowner about Georgia's automatic renewal provisions?
Correct Answer
A) The covenants automatically renewed in 2023 for another 25 years
Under O.C.G.A. § 44-5-60, properly recorded covenants with automatic renewal clauses will renew for the specified period unless a majority of owners vote against renewal before the expiration date. Option B is incorrect as the covenants would automatically renew. Option C reverses the process - renewal is automatic unless voted against. Option D is false as automatic renewal clauses are valid in Georgia.
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Previous Question
A prospective buyer wants to review the financial records of a condominium association before purchasing a unit. The association's management company refuses to provide any financial information directly to the prospective buyer. Under the Georgia Condominium Act, how may a prospective purchaser obtain access to association records?
Next Question
Robert's client received a violation notice from the Willowbrook HOA for an unauthorized deck addition. The notice demands immediate removal and threatens daily fines. Which of the following is NOT required under Georgia law before the association can impose fines for covenant violations?