HB621
Property Owners' Association Act; disclosure requirements, declarant control.
Status:
In House
Latest Action:
Jan. 28, 2026
House: Fiscal Impact Statement from Department of Planning and Budget (HB621)
Chief Patron:
Rob Bloxom, Jr (R)
Session:
2026 Regular Session
Summary
As Introduced. Property Owners' Association Act; disclosure requirements; declarant control.
Requires a declarant who has any unexpired right to control the conduct of business of a property owners' association, once the majority of the members of the board of directors other than the declarant are owners of improved lots in the association, to disclose such rights and the status of ... (More) the declarant's control in any contract for the sale of any lot in the association other than for development or resale. This bill is a recommendation of the Virginia Housing Commission. (Less)-
Bill History
- 01/13/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26104487D
- 01/13/2026 - House: Referred to Committee on General Laws
- 01/26/2026 - House: Assigned HGL sub: Housing/Consumer Protection
- 01/28/2026 - House: Fiscal Impact Statement from Department of Planning and Budget (HB621)
