If the unit is subject to more than one common interest community, each association, the association’s managing agent, or any third party preparing a resale certificate on behalf of an association shall provide a resale certificate for that association and may charge the appropriate fees.

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Terms Used In Virginia Code 55.1-2315

  • Agent: means the authorized agent designated by the purchaser or seller in a ratified real estate contract, listing agreement, or other writing designating such agent. See Virginia Code 55.1-2307
  • Association: means an association created pursuant to the Property Owners' Association Act (§ Virginia Code 55.1-2307
  • Common interest community: means a condominium created pursuant to the Virginia Condominium Act (§ Virginia Code 55.1-2307
  • Resale certificate: means the information listed in § 55. See Virginia Code 55.1-2307
  • Unit: means a condominium unit in a condominium, a cooperative unit in a real estate cooperative, or a lot in a community governed by an association. See Virginia Code 55.1-2307

2023, cc. 387, 388.