Virginia Law

Agency 48. Common Interest Community Board

Preface

Agency Summary

Chapter 10

Public Participation GuidelinesRead all

Part I

Purpose and Definitions

Section 10

Purpose

Section 20

Definitions

Part II

Notification of Interested Persons

Section 30

Notification List

Section 40

Information to Be Sent to Persons on the Notification List

Part III

Public Participation Procedures

Section 50

Public Comment

Section 60

Petition for Rulemaking

Section 70

Appointment of Regulatory Advisory Panel

Section 80

Appointment of Negotiated Rulemaking Panel

Section 90

Meetings

Section 100

Public Hearings on Regulations

Section 110

Periodic Review of Regulations

Chapter 20

Condominium Regulations [Repealed]Read all

Section 10

[Repealed]

Section 20

[Repealed]

Section 30

[Repealed]

Section 40

[Repealed]

Section 50

[Repealed]

Section 60

[Repealed]

Section 70

[Repealed]

Section 80

[Repealed]

Section 90

[Repealed]

Section 100

[Repealed]

Section 110

[Repealed]

Section 120

[Repealed]

Section 130

[Repealed]

Section 140

[Repealed]

Section 150

[Repealed]

Section 160

[Repealed]

Section 170

[Repealed]

Section 180

[Repealed]

Section 190

[Repealed]

Section 200

[Repealed]

Section 210

[Repealed]

Section 220

[Repealed]

Section 230

[Repealed]

Section 240

[Repealed]

Section 250

[Repealed]

Section 260

[Repealed]

Section 270

[Repealed]

Section 280

[Repealed]

Section 290

[Repealed]

Section 300

[Repealed]

Section 310

[Repealed]

Section 320

[Repealed]

Section 330

[Repealed]

Section 340

[Repealed]

Section 350

[Repealed]

Section 360

[Repealed]

Section 370

[Repealed]

Section 380

[Repealed]

Section 390

[Repealed]

Section 400

[Repealed]

Section 410

[Repealed]

Section 420

[Repealed]

Section 430

[Repealed]

Section 440

[Repealed]

Section 450

[Repealed]

Section 460

[Repealed]

Section 470

[Repealed]

Section 480

[Repealed]

Section 490

[Repealed]

Section 500

[Repealed]

Section 510

[Repealed]

Section 520

[Repealed]

Section 530

[Repealed]

Section 540

[Repealed]

Section 550

[Repealed]

Section 560

[Repealed]

Section 570

[Repealed]

Section 580

[Repealed]

Section 590

[Repealed]

Section 600

[Repealed]

Section 610

[Repealed]

Section 620

[Repealed]

Section 630

[Repealed]

Section 640

[Repealed]

Section 650

[Repealed]

Section 660

[Repealed]

Section 670

[Repealed]

Section 680

[Repealed]

Section 690

[Repealed]

Section 700

[Repealed]

Section 710

[Repealed]

Section 720

[Repealed]

Section 730

[Repealed]

Section 733

[Repealed]

Section 735

[Repealed]

Section 737

[Repealed]

Section 739

[Repealed]

Section 740

[Repealed]

Section 750

[Repealed]

Section 760

[Repealed]

Section 770

[Repealed]

Section 780

[Repealed]

Section 790

[Repealed]

Section 800

[Repealed]

Chapter 30

Condominium RegulationsRead all

Part I

General

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

Marketing

Section 70

Condominium Marketing Activities

Section 80

Offering Literature

Part III

Application 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

Public 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

Conversion 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

Post-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

Board 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)

Chapter 40

Time-Share Regulations [Repealed]Read all

Section 10

[Repealed]

Section 20

[Repealed]

Section 25

[Repealed]

Section 30

[Repealed]

Section 40

[Repealed]

Section 50

[Repealed]

Section 60

[Repealed]

Section 70

[Repealed]

Section 80

[Repealed]

Section 90

[Repealed]

Section 100

[Repealed]

Section 110

[Repealed]

Section 120

[Repealed]

Section 130

[Repealed]

Section 140

[Repealed]

Section 150

[Repealed]

Section 160

[Repealed]

Chapter 45

Time-Share RegulationsRead all

Part I

General

Section 10

(Reserved)

Section 20

Definitions

Section 30

Explanation of Terms

Section 40

Time-Shares Located Outside of Virginia

Part II

General Application Requirements

Section 50

Application Procedures

Section 60

Review of Application for Registration, Generally

Section 70

Fees

Part III

Marketing and Advertising

Section 80

Time-Share Marketing Activities

Section 90

Offering of Gifts or Prizes

Part IV

Application for Time-Share Program Registration

Section 100

[Repealed]

Section 110

Prerequisites for Registration of a Time-Share Program

Section 120

Review of Application for Registration of a Time-Share Program

Section 130

Minimum Application Requirements for Registration of a Time-Share Program

Part V

Public Offering Statement

Section 140

Public Offering Statement Requirements, Generally

Section 150

Full and Accurate Disclosure

Section 160

Contents of Public Offering Statement

Section 170

Narrative Sections; Time-Share Concept

Section 180

Narrative Sections; Creation of Time-Share Program

Section 190

Narrative Sections; Description of Time-Share Project

Section 200

Narrative Sections; Individual Time-Shares

Section 210

Narrative Sections; Developer

Section 220

Narrative Sections; Terms of Offering

Section 230

Narrative Sections; Encumbrances

Section 240

Narrative Sections; Exchange Program

Section 250

Narrative Sections; Financial Matters

Section 255

Narrative Sections; Governmental Reviews

Section 260

Narrative Sections; Restrictions on Transfer

Section 270

Narrative Sections; Time-Share Owners' Association

Section 280

Narrative Sections; Managing Entity

Section 290

Narrative Sections; Conversion Time-Share Projects

Section 300

Narrative Sections; Insurance

Section 310

Narrative Sections; Alternative Purchase and Incidental Benefit

Section 320

Documents from Other Jurisdictions

Part VI

Time-Share Program Post-Registration Provisions

Section 330

Minimum Post-Registration Reporting Requirements for a Time-Share Program

Section 340

Amendment of Public Offering Statement

Section 350

Nonmaterial Changes to the Public Offering Statement

Section 360

Filing of Amended Public Offering Statement

Section 370

Current Public Offering Statement

Section 380

Public Offering Statement Not Current; Notification of Purchasers

Section 390

Filing of Phase Amendment Application

Section 400

Annual Report for a Time-Share Program Registration Required by Developer

Section 410

Board Review of Annual Report for a Time-Share Program Registration

Section 420

Return of Bond or Letter of Credit to Ensure Completion of Promised Units and Common Elements to Developer

Section 430

Return of Bond or Letter of Credit Filed in Lieu of Escrowing Deposits

Section 440

Maintenance of Bond or Letter of Credit

Section 450

Termination of Time-Share Program Registration

Section 460

Administrative Termination of Time-Share Program Registration

Section 470

Reporting of Other Changes to the Time-Share Program

Part VII

Alternative Purchase Registration

Section 480

Registration of Alternative Purchase Required

Section 490

Application for Registration of an Alternative Purchase

Section 500

(Reserved)

Section 510

Review of Application for Registration of an Alternative Purchase

Section 520

Minimum Alternative Purchase Post-Registration Reporting Requirements

Section 530

(Reserved)

Section 540

Annual Report Required for Alternative Purchase Registration

Section 550

(Reserved)

Section 560

Termination of Registration for an Alternative Purchase

Section 570

Reporting of Other Changes to the Alternative Purchase

Part VIII

Exchange Program Registration

Section 580

Registration of Exchange Program Required

Section 590

Minimum Requirements for Registration of an Exchange Program

Section 600

Minimum Exchange Program Post-Registration Reporting Requirements

Section 610

Annual Report Required for an Exchange Program Registration

Section 620

Board Review of Annual Report for Exchange Program Registration

Section 630

Termination of an Exchange Program Registration

Section 640

Reporting of Other Changes to an Exchange Program

Part IX

Time-Share Reseller Registration

Section 650

Registration of Time-Share Reseller Required

Section 660

Exemptions from Time-Share Reseller Registration

Section 670

Requirements for Registration As a Time-Share Reseller

Section 680

Exhibits Required for Registration As a Time-Share Reseller

Section 690

Renewal and Reinstatement of a Time-Share Reseller Registration

Section 700

Maintenance of Time-Share Reseller Registration

Section 710

Recordkeeping for a Time-Share Reseller Registration

Part X

Board Authority and Standards of Conduct

Section 720

Grounds for Disciplinary Action

Section 730

Registration Required

Section 740

Time-Share Advertising Standards

Section 750

Board Overisight of Public Offering Statement and Exchange Program Disclosure Document

Section 760

Response to Inquiry and Provision of Records

Section 770

Prohibited Acts

FORMS

Forms (18VAC48-45)

Chapter 50

Common Interest Community Manager RegulationsRead all

Part I

General

Section 10

Definitions

Part II

Entry

Section 20

Application Procedures

Section 30

Qualifications for Licensure As a Common Interest Community Manager

Section 35

Qualifications for Certification As a Certified Principal or Supervisory Employee Effective July 1, 2012

Section 37

Licensure and Certification by Reciprocity

Section 40

Application Denial

Part III

Fees

Section 50

General Fee Requirements

Section 60

Fee Schedule

Section 70

[Repealed]

Section 80

[Repealed]

Part IV

Renewal and Reinstatement

Section 90

Renewal Required

Section 100

Expiration and Renewal

Section 110

Reinstatement of Common Interest Community Manager License and Certified Principal or Supervisory Employee Certificate Required

Section 120

Status of License or Certificate During the Period Prior to Reinstatement

Section 130

Board Discretion to Deny Renewal or Reinstatement

Part V

Standards of Conduct and Practice

Section 140

Grounds for Disciplinary Action

Section 150

Maintenance of License or Certificate

Section 160

Maintenance and Management of Accounts

Section 170

Change of Business Entity Requires a New License

Section 180

Notice of Adverse Action

Section 190

Prohibited Acts

Section 200

Establishment of Code of Conduct

Section 210

Establishment of Internal Accounting Controls

Section 220

Response to Inquiry and Provision of Records

Part VI

Training Programs and Examination

Section 230

Training Programs Generally

Section 240

Approval of Common Interest Community Manager Training Programs

Section 250

Introductory and Comprehensive Training Program Requirements

Section 253

Virginia Common Interest Community Law and Regulation Training Program Requirements

Section 255

Fair Housing Training Program Requirements

Section 257

Documentation of Training Program Completion Required

Section 260

Maintenance of Records

Section 270

Reporting of Changes

Section 280

Withdrawal of Approval

Section 290

Examinations

FORMS

Forms (18VAC48-50)

Chapter 60

Common Interest Community Association Registration RegulationsRead all

Section 10

Purpose

Section 13

Definitions

Section 14

Association Registration, Generally

Section 15

Timeframe for Association Registration and Annual Report

Section 17

Association Registration Expiration and Renewal

Section 20

[Repealed]

Section 25

Maintenance of Registration

Section 30

[Repealed]

Section 40

[Repealed]

Section 50

[Repealed]

Section 55

Fees, Generally

Section 60

Registration and Renewal Fees

FORMS

Forms (18VAC48-60)

Chapter 70

Common Interest Community Ombudsman RegulationsRead all

Part I

General

Section 10

Definitions

Section 20

Submission of Documentation

Part II

Association Complaint Procedure

Section 30

Requirement for Association to Develop an Association Complaint Procedure

Section 40

Establishment and Adoption of Written Association Complaint Procedure

Section 50

Association Complaint Procedure Requirements

Section 60

Distribution of Association Complaint Procedure

Section 70

Maintenance of Association Record of Complaint

Section 80

Failure of Association to Establish and Utilize Association Complaint Procedure

Part III

Final Adverse Decision

Section 90

Filing of Notice of Final Adverse Decision

Section 100

Waiver of Filing Fee

Section 105

Receipt of Notice of Final Adverse Decision

Section 110

Review of Final Adverse Decision

Section 120

Decision from the Notice of Final Adverse Decision

Section 125

Referral for Further Action

Part IV

Office of the Common Interest Community Ombudsman

Section 130

Purpose, Responsibilities, and Limitations

FORMS

Forms (18VAC48-70)