HB2019
Residential real property; required disclosures of stormwater management facilities.
Summary
As Passed House of Origin. Residential real property; required disclosures; stormwater management facilities.
Provides that the owner of residential real property under the Virginia Residential Property Disclosure Act must include in the residential property disclosure statement provided to a potential purchaser of residential property a statement that the owner makes no representations with respect to the existence or recordation of any maintenance agreement ... (More) for any stormwater detention facilities on the property, and that advises the potential purchaser to take whatever due diligence steps they deem necessary to determine the presence of any such facilities or agreements, such as contacting his settlement provider, consulting the locality in which the property is located, or reviewing any survey of the property that may have been conducted. The bill also requires the Common Interest Community Board to include notice that regular annual or special assessments paid by the owner to the association may be used for the construction or maintenance of stormwater management facilities in the form that accompanies association disclosure packets that are required to be provided to all prospective purchasers of lots located within a development that is subject to the Virginia Property Owners' Association Act and resale certificates provided to purchasers of units located in a condominium that is subject to the Condominium Act. (Less)-
Bill History
- 01/07/2019 - House: Prefiled and ordered printed; offered 01/09/19 19101112D
- 01/07/2019 - House: Referred to Committee on General Laws
- 01/10/2019 - House: Impact statement from DPB (HB2019)
- 01/14/2019 - House: Assigned GL sub: Subcommittee #4
- 01/29/2019 - House: House subcommittee amendments and substitutes offered
- 01/29/2019 - House: Subcommittee recommends reporting with substitute (8-Y 0-N)
- 01/31/2019 - House: House committee, floor amendments and substitutes offered
- 01/31/2019 - House: Reported from General Laws with substitute (21-Y 0-N)
- 01/31/2019 - House: Committee substitute printed 19105719D-H1
- 02/03/2019 - House: Read first time
- 02/04/2019 - House: Read second time
- 02/04/2019 - House: Committee substitute agreed to 19105719D-H1
- 02/04/2019 - House: Engrossed by House - committee substitute HB2019H1
- 02/05/2019 - House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
- 02/05/2019 - House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
- 02/06/2019 - Senate: Constitutional reading dispensed
- 02/06/2019 - Senate: Referred to Committee on General Laws and Technology
- 02/08/2019 - House: Impact statement from DPB (HB2019H1)
- 02/18/2019 - Senate: Reported from General Laws and Technology (15-Y 0-N)
- 02/19/2019 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/20/2019 - Senate: Read third time
- 02/20/2019 - Senate: Passed Senate (40-Y 0-N)
- 02/22/2019 - House: Enrolled
- 02/22/2019 - House: Bill text as passed House and Senate (HB2019ER)
- 02/22/2019 - House: Signed by Speaker
- 02/22/2019 - Senate: Signed by President
- 02/26/2019 - House: Impact statement from DPB (HB2019ER)
- 03/04/2019 - House: Enrolled Bill communicated to Governor on March 4, 2019
- 03/04/2019 - Governor: Governor's Action Deadline Midnight, March 26, 2019
- 03/14/2019 - Governor: Approved by Governor-Chapter 390 (effective 7/1/19)
- 03/14/2019 - Governor: Acts of Assembly Chapter text (CHAP0390)
