Virginia Regulatory Town Hall

Final Text

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Action:
Transfer of Common Interest Community Management Information ...
Stage: Final
 
18VAC48-60

CHAPTER 60
COMMON INTEREST COMMUNITY MANAGEMENT INFORMATION FUND REGULATIONS

18VAC48-60-10

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.

Statutory Authority

§55-396 54.1-2349 of the Code of Virginia.

Historical Notes

Derived from Virginia Register Volume 25, Issue 4, eff. November 27, 2008.

18VAC48-60-20

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

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

Statutory Authority

§55-396 54.1-2349 of the Code of Virginia.

Historical Notes

Derived from Virginia Register Volume 25, Issue 4, eff. November 27, 2008.

18VAC48-60-30

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.

Statutory Authority

§55-396 54.1-2349 of the Code of Virginia.

Historical Notes

Derived from Virginia Register Volume 25, Issue 4, eff. November 27, 2008.

18VAC48-60-40

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.

Statutory Authority

§55-396 54.1-2349 of the Code of Virginia.

Historical Notes

Derived from Virginia Register Volume 25, Issue 4, eff. November 27, 2008.

18VAC48-60-50

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.

Statutory Authority

§55-396 54.1-2349 of the Code of Virginia.

Historical Notes

Derived from Virginia Register Volume 25, Issue 4, eff. November 27, 2008.

18VAC48-60-60

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

Registration certificates are renewable the month following the association's annual meeting.

Statutory Authority

§55-396 54.1-2349 of the Code of Virginia.

Historical Notes

Derived from Virginia Register Volume 25, Issue 4, eff. November 27, 2008.

18VAC48-60-9998

FORMS (18VAC48-60)

Community Association Registration Application, ASSOCANRPT (eff. 09/04/08).

CIC Annual Renewal Report, CICANRENRPT (eff. 09/04/08).

Declarant Annual Report for Condominium, condo annual report (eff. 09/04/08).

Time-Share Annual Report, TSANRPT (eff. 09/04/08).