This By-Laws document for a condominium association contains information concerning: restrictions, the board of directors, and the advisary committee.
Condominium Bylaws Condo With Pool In Virginia
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Any unit owner who pays any creditor of the association a percentage of the total amount due to such creditor equal to such unit owner's common element interest in the inium shall be entitled to obtain from such creditor a release of any judgment or lien that such creditor otherwise has the right to file against ...
§ 55.1-1215. At the start of a tenancy, a Virginia Landlord must disclose whether there is any evidence of mold in the rental unit. If the landlord's written disclosure states that there is no evidence of mold and the tenant disagrees, the tenant must object in writing within five days after receiving the report.
The Virginia inium Act consists of five articles addressing general provisions, the creation, alteration, and termination of iniums, inium management, administration of sales of iniums, disclosure requirements and authorized fees.
Limited common elements are parts of a condo that are assigned to individual units, but considered community property rather than the tenant's. Examples of limited common elements include windows, balconies, driveways, elevators, clubhouses, and swimming pools.
To the extent that damage is inflicted on the common elements or any unit through which access is taken, the unit owner causing the same, or the unit owners' association if it caused the damage, shall be liable for the prompt repair of such damage.
A common element is defined as all portions of the property except the units. Examples of common elements include fitness centers, elevators, lobbies, walkways, lighting in common hallways, garbage collection areas, swimming pools, landscaping, club houses, and more.
This Act, found under Title 55.1, Chapter 18, governs the formation and operation of associations subject to a declaration recorded after January 1, 1959. The Act covers many topics, including association charges, access to association records, amendments to the declaration and bylaws, and liens.
§ 55.1-1915. The declarant, every unit owner, and all those entitled to occupy a unit shall comply with all lawful provisions of this chapter and all provisions of the inium instruments.
Termination and duration of certain management contracts. A management contract that contains an automatic renewal provision may be terminated by the association or the common interest community manager at any time without cause upon not less than 60 days' written notice.
Maintenance, repair, and replacement of a limited common element is usually the responsibility of the association except to the extent the declaration shifts that duty to the unit owner.