HB558: Condominium Act; actions for breach of warranty and notice of declarant.

Chief Patron

Del. Glenn Oder (R-94)

Glenn Oder (R-94)
Newport News, VA
Served: 2002–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

04/05/2006: signed by governor

View Entire History

Summary

Condominium Act; actions for breach of warranty; notice of declarant. Provides that no cause of action for breach of warranty shall be commenced on or after January 1, 2007, unless a written statement by the claimant or his agent, attorney or representative, of the nature of the alleged defect has been to the sent to the declarant, by registered or certified mail, at his last known address, as reflected in the records of the Real Estate Board, more than six months prior to the commencement of the action giving the declarant an opportunity to cure the alleged defect within a reasonable time. The bill provides that sending the required notice shall toll the statute of limitations for commencing a breach of warranty action for a period not to exceed six months. The bill also contains technical amendments.   View Full Text »