Virginia Regulatory Town Hall
Agency
Department of Professional and Occupational Regulation
Board
Common Interest Community Board

General Notice
REVISED POA Disclosure Packet Notice and NEW Condo Resale Certificate Notice
Date Posted: 6/25/2018
Expiration Date: 7/25/2018
Submitted to Registrar for publication: NO
No comment forum defined for this notice.

Common Interest Community Board

IMPORTANT NOTICE: Effective July 1, 2018

REVISED POA Disclosure Packet Notice and NEW Condo Resale Certificate Notice


Effective July 1, 2018, associations subject to the Property Owners’ Association Act (“POA Act”) will be required to furnish the revised POA Act Disclosure Packet Notice as part of all disclosure packets. In addition, condominium unit owners’ associations will now be required to furnish the new Condominium Unit Owners’ Association Resale Certificate Notice as part of any condominium resale certificate.

The Common Interest Community Board adopted these forms as the result of HB 923 passing during the 2018 General Assembly Session. This legislation amended § 54.1-2350 of the Code of Virginia, § 55-509.5 of the POA Act, and § 55-79.97 of the Condominium Act.

Carefully review the forms and be prepared to begin using them for any POA disclosure packets or condominium resale certificates prepared beginning July 1, 2018. Please be advised that failure to provide the required notice as part of a disclosure packet or resale certificate may be a violation of the POA Act or the Condominium Act. 

You can also access this information on the Board's webpage.


Contact Information
Name / Title: Trisha Henshaw  / Executive Director
Address: DPOR
9960 Mayland Drive, Suite 400
Richmond, 23233
Email Address: CIC@dpor.virginia.gov
Telephone: (804)367-8510    FAX: (866)490-2723    TDD: ()-