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HB1031

Common interest communities; disclosure packets.

Status:
Enacted

Chief Patron:
Vivian Watts (D)

Session:
2018 Regular Session

Summary

As Passed House of Origin. Common interest communities; disclosure packets.

Requires that as a prerequisite to charging any fees for the preparation of disclosure packets, both professionally managed property owners' associations and property owners' associations that are not professionally managed must register with the Common Interest Community Board, file annual reports, and make annual assessment payments. Additionally, a professionally managed property owners' association must provide the disclosure packet electronically if so requested by the requester in order to charge fees. The bill allows a property owners' association that is not professionally managed to charge fees at the option of the seller or the seller's agent for (i) expediting the inspection, preparation, and delivery of the disclosure packet; (ii) providing an additional hard copy of the disclosure packet; and (iii) providing third-party commercial delivery service. A property owners' association that is not professionally managed may also charge and collect fees for inspection of the property, the preparation and issuance of an association disclosure packet, and such other services as provided by professionally managed property owners' associations as long as the association provides the disclosure packet electronically if so requested by the requester and complies with the other requirements of collecting fees for disclosure packets by professionally managed property owners' associations. (Less)
  • Bill History

  • 01/09/2018 - House: Prefiled and ordered printed; offered 01/10/18 18104551D
  • 01/09/2018 - House: Referred to Committee on General Laws
  • 01/26/2018 - House: Assigned GL sub: Subcommittee #2
  • 02/08/2018 - House: Subcommittee recommends reporting with substitute (8-Y 0-N)
  • 02/08/2018 - House: Reported from General Laws with substitute (21-Y 0-N)
  • 02/08/2018 - House: Committee substitute printed 18106881D-H1
  • 02/10/2018 - House: Read first time
  • 02/12/2018 - House: Read second time
  • 02/12/2018 - House: Committee substitute agreed to 18106881D-H1
  • 02/12/2018 - House: Engrossed by House - committee substitute HB1031H1
  • 02/13/2018 - House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
  • 02/13/2018 - House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
  • 02/14/2018 - Senate: Constitutional reading dispensed
  • 02/14/2018 - Senate: Referred to Committee on General Laws and Technology
  • 02/19/2018 - Senate: Reported from General Laws and Technology (15-Y 0-N)
  • 02/21/2018 - Senate: Constitutional reading dispensed (40-Y 0-N)
  • 02/22/2018 - Senate: Read third time
  • 02/22/2018 - Senate: Passed Senate (40-Y 0-N)
  • 02/26/2018 - House: Enrolled
  • 02/26/2018 - House: Bill text as passed House and Senate (HB1031ER)
  • 02/26/2018 - House: Signed by Speaker
  • 02/28/2018 - Senate: Signed by President
  • 03/02/2018 - House: Enrolled Bill communicated to Governor on March 2, 2018
  • 03/02/2018 - Governor: Governor's Action Deadline Midnight, March 9, 2018
  • 03/09/2018 - Governor: Approved by Governor-Chapter 226 (effective 7/1/18)
  • 03/09/2018 - Governor: Acts of Assembly Chapter text (CHAP0226)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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