Agencies | Governor
Virginia Regulatory Town Hall

Preliminary Draft Text

Action:
General Review 2018
Stage: NOIRA
5/31/18  2:07 PM

CHAPTER 60
COMMON INTEREST COMMUNITY BOARD MANAGEMENT INFORMATION FUND REGULATIONS

18VAC48-60-10. Purpose.

These regulations govern the exercise of powers granted to and the performance of duties imposed upon the Common Interest Community Board by §§ 54.1-2350, 55-79.93:1, 55-504.1, 55-516.1 and 55-528 of the Code of Virginia.

18VAC48-60-13. Definitions.

"Association" shall be as defined in § 55-528 of the Code of Virginia.

"Governing board" shall be as defined in § 54.1-2345 of the Code of Virginia.

18VAC48-60-17. Association registration and renewal.

An association registration shall expire one year from the last day of the month in which it was issued or renewed. A registration shall be renewed upon submittal to the board office of the completed annual report and applicable fees. An association shall notify the board office, in writing, within 30 days of any of the following:

1. Change of address;

2. Change of members of the governing board; and

3. Any other changes in information that was reported on the association's previous annual report filing.

18VAC48-60-20. Annual report by association.

Each association annual report shall be on the form designated by the board or shall be a copy of the annual report filed with the State Corporation Commission. Such report shall be accompanied by the fee established by this chapter, as well as the annual assessment required pursuant to §§ 55-79.93:1 C, 55-516.1 C, and 55-504.1 C of the Code of Virginia.

18VAC48-60-30. Annual report by condominium association.

Within 30 days after the date of termination of the declarant control period, and every year thereafter, an association shall file an annual report with the board.

18VAC48-60-40. Annual report by cooperative association.

Within 30 days after the date of termination of the declarant control period, and every year thereafter, an association shall file an annual report with the board.

18VAC48-60-50. Annual report by property owners' association.

Within the meaning and intent of § 55-516.1 of the Code of Virginia, within 30 days of the creation of the association, and every year thereafter, the association shall file an annual report with the board.

18VAC48-60-60. Registration fee.

The following fee schedule is based upon the size of each residential common interest community. The application fee is different than the annual renewal fee. All fees are nonrefundable.

Number of Lots/Units

Application Fee

Renewal Fee

1 - 50

$45

$30

51 - 100

$65

$50

101 - 200

$100

$80

201 - 500

$135

$115

501 - 1000

$145

$130

1001 - 5000

$165

$150

5001+

$180

$170

The application fee for registration of a residential common interest community received on or before June 30, 2018, shall be $10 regardless of size. For annual renewal of a residential common interest community registration received on or before June 30, 2018, the fee shall be $10 regardless of size.

FORMS (18VAC48-60)

Community Association Registration Application, A492-0550REG-v4 (eff. 9/2017)

Community Association Annual Report, A492-0550ANRPT-v6 (eff. 9/2017)

Community Association Governing Board Change Form, A492-0550GBCHG-v1 (eff. 9/2013)

Community Association Point of Contact/Management Change Form, A492-0550POCCHG-v2 (eff. 9/2017)