How Do I Form an HOA in Georgia? | Atlanta Homeowner Association Management


Home Owners Associations (HOAs) bring peace and civility to shared communities. Condominium or single-family home complexes may create an HOA to determine how common areas will be maintained, for example. In Georgia, as in most states across the country, bylaws and a board of directors must be established before an HOA is official. Talk to neighbors within your development to garner support for the HOA and commence with an expeditious launch.

Difficulty:
Moderately Easy

Instructions

1

Contact the Georgia General Assembly. Reach out to the offices of your House of Representatives and/or State Senator and ask for a copy of the Georgia Property Owners’ Association Act (GPOA). Review the GPOA to familiarize yourself with the rules and guidelines of the state for creating an HOA. Log online and visit the official Georgia General Assembly website to find the contact information for your respective representatives.
2

Form the physical HOA. Assemble residents of your community. Elect HOA leadership representatives including a president, vice-president, secretary, and treasurer. Establish any committees necessary to the function of your HOA — planning or policy committees, for example. Write the bylaws for the HOA. State how shared community areas will be overseen, who is affected by the rules and the amount members will pay for annual dues. Title the bylaws “Declaration of Covenants, Conditions, and Restrictions.”
3

Reach out to the Internal Revenue Service (IRS). Ask an IRS representative for all necessary 501(c)(4) tax documentation for creating an HOA. Filing for 501(c)(4) status makes the HOA an official non-profit organization. Submit all necessary forms and supplemental documentation — a copy of the bylaws, for example — required by the IRS. Consult IRS agents and the 501(c) (4) forms for instructions.

More From Riverside Property Management, Inc. at http://ping.fm/2EDqa

From: http://ping.fm/8ShZo/2011/11/03/how-do-i-form-an-hoa-in-georgia/

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