Property Owners' Association Act; control of association by declarant. (SB419)

Introduced By

Sen. Jill Holtzman Vogel (R-Winchester)

Progress

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

Description

Virginia Property Owners' Association Act; control of association by declarant. Provides that a declaration may provide for declarant control of an association and its board of directors until (i) three months after 80 percent of all lots that the declarant has reserved the right to develop in all phases of development have been conveyed to a person other than a declarant or builder and (ii) the number of lots not yet developed is less than 200. The bill also provides that the declarant has the right to develop all additional lots in accordance with provisions in effect at the time of transfer of control and gives the declarant a seat on the board of the association until such time as all lots have been conveyed to a person other than a declarant or a builder. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/13/2010Prefiled and ordered printed; offered 01/13/10
01/13/2010Prefiled and ordered printed; offered 01/13/10 10100185D
01/13/2010Referred to Committee on General Laws and Technology
01/20/2010Passed by for the day in General Laws and Technology
02/03/2010Committee substitute printed 10104885D-S1
02/03/2010Continued to 2011 in General Laws and Technology (15-Y 0-N) (see vote tally)