Chapter 30. Condominium RegulationsRead Chapter
- Part I.Read allGeneral
- Section 10
- Purpose
- Section 20
- Definitions
- Section 30
- Explanation of terms
- Section 40
- Condominiums located outside of Virginia
- Section 50
- Exemptions from registration
- Section 60
- Preregistration offers prohibited
- Part II.Read allMarketing
- Section 70
- Condominium marketing activities
- Section 80
- Offering literature
- Part III.Read allApplication for Registration
- Section 90
- Application procedures
- Section 100
- Fee requirements
- Section 110
- Review of application for registration
- Section 120
- Prerequisites for registration
- Section 130
- Minimum requirements for registration
- Section 140
- Requirements for plats and plans
- Section 150
- Application for registration of expandable condominium
- Part IV.Read allPublic Offering Statement
- Section 160
- Public offering statement requirements, generally
- Section 170
- Full and fair disclosure
- Section 180
- Contents of public offering statement
- Section 190
- Narrative sections; condominium concept
- Section 200
- Narrative sections; creation of condominium
- Section 210
- Narrative sections; description of condominium
- Section 220
- Narrative sections; individual units
- Section 230
- Narrative sections; common elements
- Section 240
- Narrative sections; maintenance, repair, and replacement responsibilities
- Section 250
- Narrative sections; declarant
- Section 260
- Narrative sections; terms of the offering
- Section 270
- Narrative sections; encumbrances
- Section 280
- Narrative sections; restrictions on transfer
- Section 290
- Narrative sections; unit owners' association.
- Section 300
- Narrative sections; display of flag
- Section 310
- Narrative sections; surrounding area
- Section 320
- Narrative sections; financial matters
- Section 330
- Narrative sections; insurance
- Section 340
- Narrative sections; taxes
- Section 350
- Narrative sections; governmental review
- Section 360
- Narrative sections; warranties
- Section 370
- Documents from other jurisdictions
- Section 380
- Condominium securities
- Section 390
- Board oversight of public offering statement
- Part V.Read allConversion Condominiums
- Section 400
- Public offering statement for conversion condominium; general instructions
- Section 410
- Description of conversion condominium
- Section 420
- Financial matters, conversion condominium
- Section 430
- Present condition of conversion condominium
- Section 440
- Replacement requirements in conversion condominium
- Section 450
- Notice to tenants
- Part VI.Read allPost-Registration Provisions
- Section 460
- Minimum post-registration reporting requirements
- Section 470
- Amendment of public offering statement
- Section 480
- Nonmaterial changes to the public offering statement
- Section 490
- Filing of amended public offering statement
- Section 500
- Current public offering statement
- Section 510
- Public offering statement not current; notification of purchasers
- Section 520
- Provisions applicable to substituted public offering statement and prospectus
- Section 530
- Filing of phase amendment application
- Section 540
- Annual report by declarant
- Section 550
- Board review of annual report
- Section 560
- Transition of control of unit owners' association
- Section 570
- Return of assessment bond or letter of credit to declarant
- Section 580
- Return of completion bond or letter of credit to declarant
- Section 590
- Return of bond or letter of credit upon termination of registration
- Section 600
- Maintenance of bond or letter of credit
- Section 610
- Termination of condominium registration
- Section 620
- Administrative termination of condominium registration
- Section 630
- Notification of successor declarant and transfer of special declarant rights
- Section 640
- Reporting of other changes to the condominium project
- Part VII.Read allBoard Authority and Standards of Conduct
- Section 650
- Grounds for disciplinary action
- Section 660
- Registration of condominium required
- Section 670
- Condominium advertising standards
- Section 680
- Response to inquiry and provision of records
- Section 690
- Prohibited acts
- FORMS
- FORMS (18VAC48-30)