Virginia Application to Condominium Association to make Alterations and/or Modifications to Condominium Unit and Indemnification Agreement
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How to fill out Application To Condominium Association To Make Alterations And/or Modifications To Condominium Unit And Indemnification Agreement?
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FAQ
Section 55-79.71 of the Virginia Condominium Act requires ?two-thirds of the votes in the unit owner's association? to amend the Declaration, unless the Declaration requires a larger percentage.
Can a condominium include commercial owners? While some of the units in a common interest community must be residential or occupied for recreational purpose, commercial ownership is allowed.
All votes appertaining to units owned by the unit owners' association shall be deemed present for quorum purposes at all duly called meetings of the unit owners' association and shall be deemed cast in the same proportions as the votes cast by unit owners other than the unit owners' association.
The unit owners' association shall have the power, to the extent the condominium instruments or the condominium's rules and regulations expressly provide, to (i) suspend a unit owner's right to use facilities or services, including utility services, provided directly through the unit owners' association for nonpayment ...
Beginning January 1, 2016, condominium associations must disclose their status as a Federal Housing Administration (FHA) approved and a Department of Veterans Affairs (VA) approved condominium project. This only applies to condominium associations not planned developments. (Civ. Code § 5300(b)(10)-(11).)
The Virginia Condominium Act (the ?Act?) found under the new Title 55.1, Chapter 19 (§§ 55.1-1900 through 55.1-1995) of the Code of Virginia, applies to ?all condominiums and to all horizontal property regimes or condominium projects.
Under the Virginia Condominium Act, bylaw changes require the approval of a majority of the unit owners.
Under the Virginia Condominium Act, bylaw changes require the approval of a majority of the unit owners. This means that if a single unit owner objects, the other unit owners cannot proceed with any proxy. The bylaw changes require this proxy to be revoked.