§ 55.1-1802 Developer to register and file annual report; payment of real estate taxes attributable to the common area
A. Unless control of the association has been transferred to the members, the developer shall register the association with the Common Interest Community Board within 30 days after recordation of the declaration and thereafter shall ensure that the report required pursuant to § 55.1-1835 and any required update has been filed.
B. Upon the transfer of the common area to the association, the developer shall pay all real estate taxes attributable to the open or common space as defined in § 58.1-3284.1 through the date of the transfer to the association.
History
This law was first created in 1993. The record of its establishment is cataloged in chapter 956 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1993 “Acts” aren’t available online. It has been modified 3 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 2018, chapter 733; in 2019, chapter 712; in 2023, chapters 387 and 388.
1993, c. 956, § 55-509.1; 2018, c. 733; 2019, c. 712; 2023, cc. 387, 388.