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§ 55.1-2100. Definitions - As used in this chapter or in the declaration and...
§ 55.1-2101. Applicability - A. This chapter applies to all cooperatives created within the...
§ 55.1-2102. Variation by agreement - Except as expressly provided in this chapter, provisions of this...
§ 55.1-2103. Property classification of cooperative interests; taxation - A. A cooperative interest is real estate for all purposes....
§ 55.1-2104. Applicability of local ordinances, regulations, and building codes; local authority - A. No zoning or other land use ordinance shall prohibit...
§ 55.1-2105. Eminent domain - A. If a unit is acquired by eminent domain, or...
§ 55.1-2106. General principles of law applicable - The principles of law and equity, including the law of...
§ 55.1-2107. Construction against implicit repeal - This chapter, being a general act intended as a unified...
§ 55.1-2108. Uniformity of application and construction - This chapter shall be applied and construed so as to...
§ 55.1-2109. Unconscionable agreement or term of contract - A. The court, upon finding as a matter of law...
§ 55.1-2110. Obligation of good faith - Every contract or duty governed by this chapter imposes an...
§ 55.1-2111. Remedies to be liberally administered - A. The remedies provided by this chapter shall be liberally...
§ 55.1-2112. Creation of cooperative ownership - A cooperative may be created pursuant to this chapter only...
§ 55.1-2113. Unit boundaries - Except as otherwise provided by the declaration: 1. If walls,...
§ 55.1-2114. Construction and validity of declaration and bylaws - A. All provisions of the declaration and bylaws are severable....
§ 55.1-2115. Description of units - A description of a unit that sets forth the name...
§ 55.1-2116. Contents of declaration - A. The declaration shall contain: 1. The name of the...
§ 55.1-2117. Leasehold cooperatives - A. The expiration or termination of any lease that may...
§ 55.1-2118. Allocation of ownership interests, votes, and common expense liabilities - A. The declaration shall allocate an ownership interest in the...
§ 55.1-2119. Limited common elements - A. Except for the limited common elements described in subdivisions...
§ 55.1-2120. Exercise of development rights - A. To exercise any development right reserved under subdivision A...
§ 55.1-2121. Alterations of units - Subject to the provisions of the declaration and other provisions...
§ 55.1-2122. Relocation of boundaries between adjoining units - A. Subject to the provisions of the declaration and other...
§ 55.1-2123. Subdivision of units - A. If the declaration expressly so permits, a unit may...
§ 55.1-2124. Easement for encroachments - To the extent that any unit or common element encroaches...
§ 55.1-2125. Use for sales purposes - A declarant may maintain sales offices, management offices, and models...
§ 55.1-2126. Easement rights - Subject to the provisions of the declaration, a declarant has...
§ 55.1-2127. Amendment of declaration - A. Except in cases of amendments that may be executed...
§ 55.1-2128. Termination of cooperative ownership - A. Except in the case of a taking of all...
§ 55.1-2129. Rights of secured lenders - The declaration may require that all or a specified number...
§ 55.1-2130. Master associations - A. If the declaration provides that any of the powers...
§ 55.1-2131. Merger or consolidation of cooperatives - A. Any two or more cooperatives, by agreement of the...
§ 55.1-2132. Organization of the association - An association must be organized no later than the date...
§ 55.1-2133. Powers of the association - A. Except as provided in subsection B, and subject to...
§ 55.1-2133.1. Installation of solar energy collection devices - A. As used in this section, "solar energy collection device"...
§ 55.1-2134. Executive board members and officers - A. Except as provided in the declaration, the bylaws, subsection...
§ 55.1-2135. Transfer of special declarant rights - A. No special declarant rights created or reserved under this...
§ 55.1-2136. Termination of contracts and leases of declarant - If entered into before the executive board elected by the...
§ 55.1-2137. Bylaws - A. The bylaws of the association shall provide for: 1....
§ 55.1-2138. Upkeep of cooperative - A. Except to the extent otherwise provided by the declaration,...
§ 55.1-2139. Common elements; notice of pesticide application - Associations shall post notification of all pesticide applications in or...
§ 55.1-2139.1. Electric vehicle charging stations permitted - A. Except to the extent that the declaration provides otherwise,...
§ 55.1-2140. Meetings - A meeting of the association must be held at least...
§ 55.1-2141. Quorums - A. Unless the bylaws provide otherwise, a quorum is present...
§ 55.1-2142. Voting; proxies - A. If only one of the multiple proprietary lessees of...
§ 55.1-2143. Tort and contract liability - Neither the association nor any proprietary lessee except the declarant...
§ 55.1-2144. Conveyance or encumbrance of the cooperative - A. Part of the cooperative may be conveyed, and all...
§ 55.1-2145. Insurance - A. Commencing not later than the time of the first...
§ 55.1-2146. Assessments for common expenses - A. Until the association makes a common expense assessment, the...
§ 55.1-2147. Annual budget; reserves for capital components - A. Except to the extent provided in the declaration, the...
§ 55.1-2148. Remedies for nonpayment of assessments - A. The association has a lien on a cooperative interest...
§ 55.1-2149. Other liens affecting the cooperative - A. Regardless of whether his cooperative interest is subject to...
§ 55.1-2150. Limitation of assumption of debt and encumbrances - Unless approved by persons entitled to cast at least 80...
§ 55.1-2151. Association records - The association shall keep financial records sufficiently detailed to enable...
§ 55.1-2152. Association as trustee - With respect to a third person dealing with the association...
§ 55.1-2153. Applicability; waiver - A. This article applies to all cooperative interests subject to...
§ 55.1-2154. Liability for public offering statement; requirements - A. Except as provided in subsection B, a declarant, prior...
§ 55.1-2155. Public offering statement; general provisions - A. Except as provided in subsection B, a public offering...
§ 55.1-2156. Public offering statement; cooperatives subject to development rights - If the declaration provides that a cooperative is subject to...
§ 55.1-2157. Public offering statement; time-shares - If the declaration provides that ownership of cooperative interests or...
§ 55.1-2158. Public offering statement; cooperatives containing conversion building - A. In addition to the information required by § 55.1-2155,...
§ 55.1-2159. Public offering statement; cooperative securities - If an interest in a cooperative is currently registered with...
§ 55.1-2160. Purchaser's right to cancel - A. A person required to deliver a public offering statement...
§ 55.1-2161. Resales of cooperative interests - A. Except in the case of a sale where delivery...
§ 55.1-2162. Escrow of deposits - A. Any deposit made in connection with the purchase or...
§ 55.1-2163. Release of liens - A. In the case of a sale of a cooperative...
§ 55.1-2164. Conversion buildings - A. For the purposes of this section: "Disabled" means suffering...
§ 55.1-2165. Express warranties of quality - A. Express warranties made by any seller to a purchaser...
§ 55.1-2166. Implied warranties of quality - A. A declarant and any person in the business of...
§ 55.1-2167. Exclusion or modification of implied warranties of quality - A. Except as limited by subsection B with respect to...
§ 55.1-2168. Statute of limitations for warranties - A. A judicial proceeding for breach of any obligation arising...
§ 55.1-2169. Effect of violation on rights of action; attorney fees; arbitration of disputes - A. If a declarant or any other person subject to...
§ 55.1-2170. Labeling of promotional material - No promotional material may be displayed or delivered to prospective...
§ 55.1-2171. Declarant's obligation to complete and restore - A. The declarant shall complete all improvements depicted on any...
§ 55.1-2172. Substantial completion of units - In the case of a sale of a cooperative interest...
§ 55.1-2173. Common Interest Community Board - This chapter shall be administered by the Common Interest Community...
§ 55.1-2174. General powers and duties of the Common Interest Community Board - A. The Common Interest Community Board may adopt, amend, and...
§ 55.1-2175. Registration required - A declarant shall not offer or dispose of a cooperative...
§ 55.1-2176. Application for registration; approval of uncompleted unit - A. An application for registration must contain the information and...
§ 55.1-2177. Receipt of application; order or registration - A. The Common Interest Community Board shall acknowledge receipt of...
§ 55.1-2178. Cease and desist order - If the Common Interest Community Board determines, after notice and...
§ 55.1-2179. Revocation of registration - A. The Common Interest Community Board, after providing notice stating...
§ 55.1-2180. Investigative powers of the Common Interest Community Board - A. The Common Interest Community Board may initiate public or...
§ 55.1-2181. Annual report and amendments - A. A declarant, within 30 days after the anniversary date...
§ 55.1-2182. Annual report by associations - A. The association shall file an annual report in a...
§ 55.1-2183. Common Interest Community Board regulation of public offering statement - A. The Common Interest Community Board at any time may...
§ 55.1-2184. Penalties - Any person who willfully violates § 55.1-2155, 55.1-2158, 55.1-2159, 55.1-2162,...