Condominium Act and Property Owners' Association Act; delivery of association disclosure packets. (SB1580)

Introduced By

Sen. David Suetterlein (R-Salem)

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 HB 2385. Amends § 55-509.4, § 55-79.97, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/09/2019Prefiled and ordered printed; offered 01/09/19 19101655D
01/09/2019Referred to Committee on General Laws and Technology
01/14/2019Impact statement from DPB (SB1580)
01/28/2019Reported from General Laws and Technology with substitute (14-Y 0-N) (see vote tally)
01/28/2019Committee substitute printed 19105808D-S1
01/30/2019Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/31/2019Passed by for the day
02/01/2019Read second time
02/01/2019Reading of substitute waived
02/01/2019Committee substitute agreed to 19105808D-S1
02/01/2019Engrossed by Senate - committee substitute SB1580S1
02/04/2019Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/06/2019Placed on Calendar
02/06/2019Read first time
02/06/2019Referred to Committee on General Laws
02/07/2019Impact statement from DPB (SB1580S1)
02/14/2019Reported from General Laws (22-Y 0-N) (see vote tally)
02/18/2019Read second time
02/19/2019Read third time
02/19/2019Passed House BLOCK VOTE (98-Y 0-N)
02/19/2019VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/19/2019Reconsideration of House passage agreed to by House
02/19/2019Passed House BLOCK VOTE (99-Y 0-N)
02/19/2019VOTE: BLOCK VOTE PASSAGE #2 (99-Y 0-N) (see vote tally)
02/22/2019Enrolled
02/22/2019Bill text as passed Senate and House (SB1580ER)
02/22/2019Impact statement from DPB (SB1580ER)
02/22/2019Signed by President
02/22/2019Signed by Speaker
03/04/2019Enrolled Bill Communicated to Governor on March 4, 2019
03/04/2019G Governor's Action Deadline Midnight, March 26, 2019
03/18/2019G Approved by Governor-Chapter 513 (effective 7/1/19)
03/18/2019G Acts of Assembly Chapter text (CHAP0513)

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