18 Va. Admin. Code § 48-30-360

Current through Register Vol. 41, No. 9, December 16, 2024

Section 18VAC48-30-360 - Narrative sections; warranties

The public offering statement shall contain a section captioned "Warranties." The section shall describe any warranties provided by or through the declarant on the units or the common elements and a summary of the process for commencement of an action for breach of warranty in accordance with subsection C of § 55.1-1955 of the Code of Virginia. The section shall describe the structural defect warranty required by and described in subsection B of § 55.1-1955 of the Code of Virginia. The section shall also include the substance of the following statement:

"Nothing contained in the warranty provided by the declarant shall limit the protection afforded by the statutory warranty."

Derived From Virginia Register Volume 31, Issue 20, eff. 8/1/2015; Amended, Virginia Register Volume 36, Issue 06, eff. 12/31/2019.

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