18VAC48. Common Interest Community Board
VAC AGENCY NO. 48
COMMON INTEREST COMMUNITY BOARD
AGENCY SUMMARY
The Common Interest Community Board is a separate agency within the Department of Professional and Occupational Regulation. The director of the department acts as the board's secretary and administrative officer. Code of Virginia, Title 54.1, Chapter 3. See the summary for the department for the powers and duties applicable to all regulatory boards. Code of Virginia, Title 54.1, Chapter 2.
The board is authorized to regulate common interest community managers and their supervisory and principal employees. The board is responsible for administering Virginia's common interest community and property registration laws: Common Interest Communities (Code of Virginia, Title 54.1, Chapter 23.3), Condominium Act (Code of Virginia, Title 55, Chapter 4.2), Virginia Real Estate Time-Share Act (Code of Virginia, Title 55, Chapter 21), Virginia Real Estate Cooperative Act (Code of Virginia, Title 55, Chapter 24), Property Owners´ Association Act (Code of Virginia, Title 55, Chapter 26), and Common Interest Community Management Information Fund (Code of Virginia, Title 55, Chapter 29). The board is authorized to promulgate regulations to fulfill the requirements of these acts, which generally require registration and disclosure by developers and filing of annual reports by owners' associations.
The board regulates the sale of new condominiums and time-shares units, including transactions occurring within Virginia even if the property involved is located outside the Commonwealth, as well as resellers of time-shares.
Finally, the board is responsible for establishing regulations requiring each condominium, cooperative, and property owners' association to develop procedures for the resolution of written complaints from their members and other citizens. Code of Virginia, Title 55, Chapter 29.
Regulations are available from the Department of Professional and Occupational Regulation, 9960 Mayland Drive, Suite 400, Richmond, VA 23233-1463. Internet address: http://www.dpor.virginia.gov/Boards/CIC-Board/
Rev. 09/2018