Action:
HB 105, HB 876, and SB 526 Amendment
Action 6525
General Information
| Action Summary |
This action amends the Common Interest Community Association Registration Regulations to conform to changes resulting from the enactment of Chapters 54, 170, and 511 of the 2024 Acts of Assembly.
The legislation amends provisions of the Resale Disclosure Act (Chapter 23.1 of Title 55.1.) The legislation addresses (i) failure to deliver a resale certificate and contract cancellation; (ii) delivery of resale certificates to a purchaser's agent; (iii) exemptions from the resale certificate requirements; and (iv) fees for preparation and delivery of resale certificates. The legislation makes a technical change to the Resale Disclosure Act regarding common interest community association annual report filing requirements in order for associations to collect fees for the preparation and delivery of resale certificates.
This action revises 18VAC48-60-14.B of the Common Interest Community Association Registration Regulations to reflect the technical change to Resale Disclosure Act regarding common interest community association annual report filing requirements.
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| Chapters Affected |
Only affects this chapter.
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| Executive Branch Review |
This Action is exempt from Article 2 of the Administrative Process Act, but falls within the Executive Branch and
will be reviewed by the Governor's Office.
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| RIS Project |
Yes [7881] |
| New Periodic Review |
This action will not be used to conduct a new periodic review.
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Stages
There are currently no stages to display
Contact Information
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Name / Title:
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Anika Coleman
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Executive Director
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Address:
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9960 Mayland Drive, Suite 400
Richmond, VA 23233
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Email Address:
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CIC@dpor.virginia.gov
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Phone:
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(804)367-8510
FAX: (866)490-2723
TDD: ()-
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This person is the primary contact for this board.
