Statutes, codes, and regulations
Virginia Administrative Code
Title 18 - PROFESSIONAL AND OCCUPATIONAL LICENSINGAgency 48 - COMMON INTEREST COMMUNITY BOARDChapter 30 - CONDOMINIUM REGULATIONS
Part IV - Public Offering Statement
Section 18VAC48-30-280 - Narrative sections; restrictions on transfer

18 Va. Admin. Code § 48-30-280

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Current through Register Vol. 41, No. 9, December 16, 2024
Section 18VAC48-30-280 - Narrative sections; restrictions on transfer

The public offering statement shall include a section captioned "Restrictions on Transfer." The section shall describe and explain any rights of first refusal, preemptive rights, limitations on leasing, or other restraints on free alienability created by the condominium instruments or the rules and regulations of the unit owners' association that affect the unit owners' right to resell, lease, or otherwise transfer an interest in the condominium unit.

18 Va. Admin. Code § 48-30-280

Derived From Virginia Register Volume 31, Issue 20, eff. 8/1/2015.

Statutory Authority: § 54.1-2349 of the Code of Virginia.