Common Interest Community Board; clarifies powers and duties, technical changes. (SB1143)
Introduced By
Sen. Mary Margaret Whipple (D-Arlington)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Common Interest Communities. Clarifies powers and duties of the Common Interest Community Board and changes the annual report fee percentage paid from unit owners' association to 10 percent and makes other needed technical changes. This bill is recommended by the Virginia Housing Commission. Amends § 54.1-2349 (“Powers and duties of the Board.”), § 54.1-2351 (“General powers and duties of Board concerning associations.”), § 54.1-2352 (“Cease and desist orders.”), § 54.1-300 (“Definitions.”), § 55-399 (“Investigations.”), § 55-399.1 (“Proceedings before the Board.”), § 55-504.1 (“Annual report by associations.”), § 55-509.6 (“Fees for disclosure packet; professionally managed associations.”), § 55-516.1 (“Annual report by association.”), § 55-530.1 (“Common Interest Community Management Recovery Fund.”), § 55-79.2 (“Definitions.”), § 55-79.93:1 (“Annual report by unit owners\u2019 association.”), of the Code of Virginia. View Full Text »
