Condominium Act; resale by purchaser, designation of authorized representative. (SB1255)

Introduced By

Sen. Bill DeSteph (R-Virginia Beach) with support from co-patrons Del. Barry Knight (R-Virginia Beach), and Sen. Monty Mason (D-Williamsburg)

Progress

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

Description

Condominium Act; resale by purchaser; designation of authorized representative. Provides that unless expressly authorized by the Condominium Act or the condominium instruments or as otherwise provided by law, no unit owners' association may require the use of any for sale sign that is a unit owners' association sign, or a real estate sign that does not comply with the requirements of the Real Estate Board. A unit owners' association may, however, prohibit the placement of signs in the common area and establish reasonable rules and regulations that regulate (i) the number of real estate signs to be located on real property upon which the owner has a separate ownership interest or a right of exclusive possession, so long as at least one real estate sign is permitted; (ii) the geographical location of real estate signs on real property in which the owner has a separate ownership interest or a right of exclusive possession, so long as the location of the real estate signs complies with the requirements of the Real Estate Board; (iii) the manner in which real estate signs are affixed to real property; and (iv) the period of time after settlement when the real estate signs on such real property shall be removed. The bill also prohibits a unit owners' association from requiring any unit owner to execute a formal power of attorney if the unit owner designates a person licensed by the Real Estate Board to serve as his authorized representative in the sale of a unit. In addition, the bill authorizes the Common Interest Community Board to assess a monetary penalty against a unit owners' association or common interest community manager for the failure to deliver the resale certificate within 14 days. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/10/2017Prefiled and ordered printed; offered 01/11/17 17103704D
01/10/2017Referred to Committee on General Laws and Technology
01/16/2017Impact statement from DPB (SB1255)
02/03/2017Reported from General Laws and Technology with substitute (13-Y 0-N) (see vote tally)
02/03/2017Committee substitute printed 17104939D-S1
02/06/2017Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/07/2017Impact statement from DPB (SB1255S1)
02/07/2017Read second time
02/07/2017Reading of substitute waived
02/07/2017Committee substitute agreed to 17104939D-S1
02/07/2017Engrossed by Senate - committee substitute SB1255S1
02/07/2017Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/07/2017Passed Senate (40-Y 0-N) (see vote tally)
02/09/2017Placed on Calendar
02/09/2017Read first time
02/09/2017Referred to Committee on General Laws
02/14/2017Reported from General Laws (22-Y 0-N) (see vote tally)
02/16/2017Read second time
02/17/2017Read third time
02/17/2017Passed House BLOCK VOTE (99-Y 0-N)
02/17/2017VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/22/2017Enrolled
02/22/2017Bill text as passed Senate and House (SB1255ER)
02/22/2017Impact statement from DPB (SB1255ER)
02/22/2017Signed by President
02/22/2017Signed by Speaker
02/23/2017Enrolled Bill Communicated to Governor on 2/23/17
02/23/2017G Governor's Action Deadline Midnight, March 27, 2017
03/13/2017G Approved by Governor-Chapter 406 (effective 7/1/17)
03/13/2017G Acts of Assembly Chapter text (CHAP0406)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 1 minute.

Transcript

This is a transcript of the video clips in which this bill is discussed.



Sen. Bill Stanley (R-Moneta): COMMONWEALTH'S ATTORNEYS LIBERAL ABILITIES TO REDACT NAMES AND/OR INFORMATION, SUBJECT TO REVIEW IN CAMERA BY A COURT, IF A DEFENDANT OBJECTS. IT MAKES SURE THAT BASICALLY TRIAL IS FAIR FROM THE INCEPTION, AS OUR CONSTITUTION INTENDS IT TO BE. I WANT TO THANK THOSE MEMBERS, AND THERE'S SOME OF THEM HERE WHO WERE ON THE BLUE RIBBON PANEL.


[Unknown]: HOUSE. CONTINUING WITH THE BLOCK. PAGE 5, SENATE BILL 1136. A BILL TO AMEND AND REENACT A SECTION OF THE CODE RELATING TO MONEY ORDER SELLERS AND MONEY TRANSMITTERS REQUIRED INVESTMENTS. REPORTED FROM THE THE COMMITTEE ON COMMERCE AND LABOR.

Del. Bill Howell (R-Fredericksburg): THE GENTLEMAN FROM SCOTT, MR.

[Unknown]: 1136 PERMITS THE AGGREGATE DOLLAR AMOUNT OF OUTSTANDING STORED VALUE PRODUCTS OF A LICENSED MONEY TRANSMITTER TO BE REGULATED IN ACCORDANCY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. CONTINUING WITH THE BLOCK. SENATE BILL 1158. A BILL TO AMEND AND REENACT THREE SECTIONS OF THE CODE RELATING TO RECIPROCAL INSURANCE. THE BILL REPORT THE FROM THE