Condominium Act and Property Owners' Association Act; delivery of condominium resale certificates. (HB2385)

Introduced By

Del. David Bulova (D-Fairfax)

Progress

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

Description

Condominium Act and Property Owners' Association Act; delivery of condominium resale certificates and association disclosure packets; right of purchaser to cancel contract. Provides that a purchaser of a unit subject to the Condominium Act or a lot subject to the Property Owners' Association Act who receives a condominium resale certificate or association disclosure packet that is not in conformity with law may cancel the contract for such unit or lot (i) within three days after the date of the contract if the resale certificate or disclosure packet is received on or before the date that the purchaser signs the contract; (ii) within three days of receiving the resale certificate or disclosure packet if the resale certificate or disclosure packet is hand delivered, delivered by electronic means, or delivered by a commercial overnight delivery service or the United States Postal Service, and a receipt obtained; or (iii) within six days after the postmark date if the resale certificate or disclosure packet is sent to the purchaser by United States mail. This bill is identical to SB 1580. Amends § 55-509.4, § 55-79.97, of the Code of Virginia. Read the Bill »

Status

02/14/2019: Passed the Senate

History

DateAction
01/08/2019Committee
01/08/2019Prefiled and ordered printed; offered 01/09/19 19104170D
01/08/2019Referred to Committee on General Laws
01/14/2019Impact statement from DPB (HB2385)
01/16/2019Assigned GL sub: Subcommittee #2
01/17/2019Subcommittee recommends reporting (8-Y 0-N)
01/24/2019Reported from General Laws (22-Y 0-N) (see vote tally)
01/28/2019Read first time
01/29/2019Read second time and engrossed
01/30/2019Read third time and passed House BLOCK VOTE (98-Y 0-N)
01/30/2019VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
01/30/2019Reconsideration of passage agreed to by House
01/30/2019Passed House BLOCK VOTE (99-Y 0-N)
01/30/2019VOTE: PASSAGE #2 (99-Y 0-N) (see vote tally)
01/31/2019Constitutional reading dispensed
01/31/2019Referred to Committee on General Laws and Technology
02/11/2019Reported from General Laws and Technology (14-Y 0-N) (see vote tally)
02/13/2019Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/14/2019Passed Senate
02/14/2019Read third time
02/14/2019Passed Senate (40-Y 0-N) (see vote tally)
02/19/2019Enrolled
02/19/2019Bill text as passed House and Senate (HB2385ER)
02/19/2019Impact statement from DPB (HB2385ER)
02/19/2019Signed by Speaker
02/20/2019Signed by President
02/21/2019G Governor's Action Deadline Midnight, March 25, 2019
02/21/2019Enrolled Bill communicated to Governor on February 21, 2019
02/21/2019G Governor's Action Deadline Midnight, March 26, 2019
03/12/2019G Approved by Governor-Chapter 364 (effective 7/1/19)
03/12/2019G Acts of Assembly Chapter text (CHAP0364)

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