Quote:
Posted By AlvinK1 on 07/28/2008 3:53 PM
I'm a new member of the Board of Directors for a small HOA in Northern Virginia. Our President insists that our HOA chartered as a non-stock corporation in the State of Virginia is not subject to the Virginia Property Owners Association Act or Title 54 Chapter 23.3 Common Interest Communities provisions. Are we subject to these statutes and are there others that we might be subject to?
Here is a link to the Virginia Property Owners Association Act:
http://fairfaxclubestates.com/Information/Virginia%20POA%20Act%202004.pdf
It states:
"ยง 55-508. Applicability.
A. This chapter shall apply to developments subject to a declaration, as defined herein, initially recorded after January 1, 1959, associations incorporated or otherwise
organized after such date, and all subdivisions created under the former Subdivided Land Sales Act (ยง 55-336 et seq.)."
Also check out (This is your state contact for answers to many questions):
http://www.dpor.virginia.gov/dporweb/cic_lias.cfm#ConsumerInformation