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Common interest communities; termination of certain management contracts; transfer of association books and records. Provides that within a reasonable time after termination of a management contract and without additional cost to the association, a common interest community manager shall transfer and release all funds and close bank accounts maintained on behalf of an association.
Introduced
Jan 8, 2025
Last Action
Jan 30, 2025
Session
VA 2025
Sponsors
1 primary · 0 co
Subcommittee recommends incorporating into HB2750-Oates (Voice Vote)
Incorporated by General Laws (HB2750-Oates) (Voice Vote)
Fiscal Impact Statement from Department of Planning and Budget (HB2292)
Assigned GL sub: Housing/Consumer Protection
Prefiled and ordered printed; Offered 01-08-2025 25104514D
Referred to Committee on General Laws
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Incorporated by General Laws (HB2750-Oates) (Voice Vote)
Carrie E. Coyner