{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/54.1-2354.2.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/54.1-2354.2.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/54.1-2354.2.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/54.1-2354.2.html"}],"law_id":87051,"edition_id":1,"section_id":87051,"structure_id":16314,"section_number":"54.1-2354.2","catch_line":"Common Interest Community Management Information Fund","history":"1993, c. 958, \u00a7 55-529; 2008, cc. 851, 871; 2019, cc. 391, 712.","full_text":"A\n\nThere is hereby created the Common Interest Community Management Information Fund, referred to in this section as “the Fund,” to be used in the discretion of the Board to promote the improvement and more efficient operation of common interest communities through research and education. The Fund shall be established on the books of the Comptroller. The Fund shall consist of money paid into it pursuant to §§ 54.1-2349, 55.1-1835, 55.1-1980, and 55.1-2182, and such money shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but, at the discretion of the Board, shall remain in the Fund or shall be transferred to the Common Interest Community Management Recovery Fund established pursuant to § 54.1-2354.5.B\n\nExpenses for the operations of the Office of the Common Interest Community Ombudsman, including the compensation paid to the Common Interest Community Ombudsman, shall be paid first from interest earned on deposits constituting the Fund and the balance from the moneys collected annually in the Fund. The Board may use the remainder of the interest earned on the balance of the Fund and of the moneys collected annually and deposited in the Fund for financing or promoting the following:1\n\nInformation and research in the field of common interest community management and operation;2\n\nExpeditious and inexpensive procedures for resolving complaints about an association from members of the association or other citizens;3\n\nSeminars and educational programs designed to address topics of concern to community associations; and4\n\nOther programs deemed necessary and proper to accomplish the purpose of this article.C\n\nFollowing the close of any biennium, when the Common Interest Community Management Information Fund shows expenses allocated to it for the past biennium to be more than 10 percent greater or less than moneys collected on behalf of the Board, the Board shall revise the fees levied by it for placement into the Fund so that the fees are sufficient but not excessive to cover expenses. A fee established pursuant to § 55.1-1835, 55.1-1980, or 55.1-2182 shall not exceed $25 unless such fee is based on the number of units or lots in the association.","order_by":null,"text":{"0":{"id":311732,"text":"There is hereby created the Common Interest Community Management Information Fund, referred to in this section as “the Fund,” to be used in the discretion of the Board to promote the improvement and more efficient operation of common interest communities through research and education. The Fund shall be established on the books of the Comptroller. The Fund shall consist of money paid into it pursuant to §§ 54.1-2349, 55.1-1835, 55.1-1980, and 55.1-2182, and such money shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but, at the discretion of the Board, shall remain in the Fund or shall be transferred to the Common Interest Community Management Recovery Fund established pursuant to § 54.1-2354.5.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":311733,"text":"Expenses for the operations of the Office of the Common Interest Community Ombudsman, including the compensation paid to the Common Interest Community Ombudsman, shall be paid first from interest earned on deposits constituting the Fund and the balance from the moneys collected annually in the Fund. The Board may use the remainder of the interest earned on the balance of the Fund and of the moneys collected annually and deposited in the Fund for financing or promoting the following:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":311734,"text":"Information and research in the field of common interest community management and operation;","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":311735,"text":"Expeditious and inexpensive procedures for resolving complaints about an association from members of the association or other citizens;","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"4":{"id":311736,"text":"Seminars and educational programs designed to address topics of concern to community associations; and","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"B4"},"5":{"id":311737,"text":"Other programs deemed necessary and proper to accomplish the purpose of this article.","type":"section","prefixes":["B","4"],"prefix":"4","entire_prefix":"B4","prefix_anchor":"B4","level":2,"prior_prefix":"B3","next_prefix":"C"},"6":{"id":311738,"text":"Following the close of any biennium, when the Common Interest Community Management Information Fund shows expenses allocated to it for the past biennium to be more than 10 percent greater or less than moneys collected on behalf of the Board, the Board shall revise the fees levied by it for placement into the Fund so that the fees are sufficient but not excessive to cover expenses. A fee established pursuant to § 55.1-1835, 55.1-1980, or 55.1-2182 shall not exceed $25 unless such fee is based on the number of units or lots in the association.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B4"}},"ancestry":[{"id":16314,"edition_id":1,"name":"Common Interest Community Management Information Fund; Common Interest Community Ombudsman; Common Interest Community Management Recovery Fund","identifier":"2","label":"article","depth":4,"order_by":1,"parent_id":13763,"metadata":{},"date_created":"2026-06-26 04:13:43","date_modified":"2026-06-26 04:13:43","permalink":{"id":240463,"object_type":"structure","relational_id":16314,"identifier":"2","token":"54.1\/II\/23.3\/2","url":"\/54.1\/II\/23.3\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13763,"edition_id":1,"name":"Common Interest Communities","identifier":"23.3","label":"chapter","depth":3,"order_by":1,"parent_id":12755,"metadata":{},"date_created":"2026-06-26 03:45:49","date_modified":"2026-06-26 03:45:49","permalink":{"id":240415,"object_type":"structure","relational_id":13763,"identifier":"23.3","token":"54.1\/II\/23.3","url":"\/54.1\/II\/23.3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12755,"edition_id":1,"name":"Professions and Occupations Regulated by the Department of Professional and Occupational Regulation and Boards Within the Department","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12754,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":239415,"object_type":"structure","relational_id":12755,"identifier":"II","token":"54.1\/II","url":"\/54.1\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12754,"edition_id":1,"name":"Professions and Occupations","identifier":"54.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":239313,"object_type":"structure","relational_id":12754,"identifier":"54.1","token":"54.1","url":"\/54.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":66664,"structure_id":16314,"section_number":"54.1-2354.1","catch_line":"Definitions","url":"\/54.1-2354.1\/","token":"54.1\/II\/23.3\/2\/54.1-2354.1","metadata":false},{"id":87051,"structure_id":16314,"section_number":"54.1-2354.2","catch_line":"Common Interest Community Management Information Fund","url":"\/54.1-2354.2\/","token":"54.1\/II\/23.3\/2\/54.1-2354.2","metadata":false},{"id":79532,"structure_id":16314,"section_number":"54.1-2354.3","catch_line":"Common Interest Community Ombudsman; appointment; powers and duties","url":"\/54.1-2354.3\/","token":"54.1\/II\/23.3\/2\/54.1-2354.3","metadata":false},{"id":68863,"structure_id":16314,"section_number":"54.1-2354.4","catch_line":"Association complaint procedures; final adverse decisions","url":"\/54.1-2354.4\/","token":"54.1\/II\/23.3\/2\/54.1-2354.4","metadata":false},{"id":78911,"structure_id":16314,"section_number":"54.1-2354.5","catch_line":"Common Interest Community Management Recovery Fund","url":"\/54.1-2354.5\/","token":"54.1\/II\/23.3\/2\/54.1-2354.5","metadata":false}],"previous_section":{"id":66664,"structure_id":16314,"section_number":"54.1-2354.1","catch_line":"Definitions","url":"\/54.1-2354.1\/","token":"54.1\/II\/23.3\/2\/54.1-2354.1","metadata":false},"next_section":{"id":79532,"structure_id":16314,"section_number":"54.1-2354.3","catch_line":"Common Interest Community Ombudsman; appointment; powers and duties","url":"\/54.1-2354.3\/","token":"54.1\/II\/23.3\/2\/54.1-2354.3","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/54.1-2354.2\/","history_text":"

This law was first created in 1993. The record of its establishment is cataloged in chapter 958 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1993 \u201cActs\u201d aren\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 2008, chapters 851<\/a> and 871<\/a>; in 2019, chapters 391<\/a> and 712<\/a>.<\/p>","references":[{"id":75397,"section_number":"54.1-2349","catch_line":"Powers and duties of the Board","order_by":null,"url":"\/54.1-2349\/"},{"id":68863,"section_number":"54.1-2354.4","catch_line":"Association complaint procedures; final adverse decisions","order_by":null,"url":"\/54.1-2354.4\/"},{"id":78911,"section_number":"54.1-2354.5","catch_line":"Common Interest Community Management Recovery Fund","order_by":null,"url":"\/54.1-2354.5\/"},{"id":78030,"section_number":"55.1-1835","catch_line":"Annual report by association","order_by":null,"url":"\/55.1-1835\/"},{"id":61758,"section_number":"55.1-1975","catch_line":"Application for registration; fee","order_by":null,"url":"\/55.1-1975\/"},{"id":61172,"section_number":"55.1-1980","catch_line":"Annual report by unit owners' association","order_by":null,"url":"\/55.1-1980\/"},{"id":82622,"section_number":"55.1-2219","catch_line":"Exchange programs","order_by":null,"url":"\/55.1-2219\/"},{"id":62814,"section_number":"55.1-2240","catch_line":"Filing fee","order_by":null,"url":"\/55.1-2240\/"}],"refers_to":[{"id":75397,"section_number":"54.1-2349","catch_line":"Powers and duties of the Board","order_by":null,"url":"\/54.1-2349\/"},{"id":78030,"section_number":"55.1-1835","catch_line":"Annual report by association","order_by":null,"url":"\/55.1-1835\/"},{"id":61172,"section_number":"55.1-1980","catch_line":"Annual report by unit owners' association","order_by":null,"url":"\/55.1-1980\/"},{"id":76413,"section_number":"55.1-2182","catch_line":"Annual report by associations","order_by":null,"url":"\/55.1-2182\/"}],"permalink":{"id":240469,"object_type":"law","relational_id":87051,"identifier":"54.1-2354.2","token":"54.1\/II\/23.3\/2\/54.1-2354.2","url":"\/54.1-2354.2\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/54.1-2354.2\/","token":"54.1\/II\/23.3\/2\/54.1-2354.2","dublin_core":{"Title":"Common Interest Community Management Information Fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 54.1-2354.2","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> There is hereby created the Common Interest Community<\/span> Management Information Fund, referred to in this section as “the Fund,” to be used in the discretion of the Board<\/span> to promote the improvement and more efficient operation of common interest communities through research and education. The Fund shall be established on the books of the Comptroller. The Fund shall consist of money paid into it pursuant to §§ 54.1-2349<\/a>, 55.1-1835<\/a>, 55.1-1980<\/a>, and 55.1-2182<\/a>, and such money shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but, at the discretion of the Board<\/span>, shall remain in the Fund or shall be transferred to the Common Interest Community<\/span> Management Recovery Fund established pursuant to § 54.1-2354.5<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Expenses for the operations of the Office of the Common Interest Community<\/span> Ombudsman, including the compensation paid to the Common Interest Community<\/span> Ombudsman, shall be paid first from interest earned on deposits constituting the Fund and the balance from the moneys collected annually in the Fund. The Board<\/span> may use the remainder of the interest earned on the balance of the Fund<\/span> and of the moneys collected annually and deposited in the Fund for financing or promoting the following: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Information and research in the field of common interest community<\/span> management and operation; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Expeditious and inexpensive procedures for resolving complaints about an association<\/span> from members of the association<\/span> or other citizens; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Seminars and educational programs designed to address topics of concern to community associations<\/span>; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Other programs deemed necessary and proper to accomplish the purpose of this article. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Following the close of any biennium, when the Common Interest Community<\/span> Management Information Fund shows expenses allocated to it for the past biennium to be more than 10 percent greater or less than moneys collected on behalf of the Board<\/span>, the Board<\/span> shall revise the fees levied by it for placement into the Fund so that the fees are sufficient but not excessive to cover expenses. A fee established pursuant to § 55.1-1835<\/a>, 55.1-1980<\/a>, or 55.1-2182<\/a> shall not exceed $25 unless such fee is based on the number of units or lots<\/span> in the association<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCOMMON INTEREST COMMUNITY MANAGEMENT INFORMATION FUND (\u00a7 54.1-2354.2)\n\nA. There is hereby created the Common Interest Community Management Information\nFund, referred to in this section as “the Fund,” to be used in the\ndiscretion of the Board to promote the improvement and more efficient operation\nof common interest communities through research and education. The Fund shall be\nestablished on the books of the Comptroller. The Fund shall consist of money\npaid into it pursuant to §§ 54.1-2349, 55.1-1835, 55.1-1980, and\n55.1-2182, and such money shall be paid into the state treasury and credited to\nthe Fund. Interest earned on moneys in the Fund shall remain in the Fund and be\ncredited to it. Any moneys remaining in the Fund, including interest thereon, at\nthe end of each fiscal year shall not revert to the general fund but, at the\ndiscretion of the Board, shall remain in the Fund or shall be transferred to the\nCommon Interest Community Management Recovery Fund established pursuant to\n§ 54.1-2354.5.\n\nB. Expenses for the operations of the Office of the Common Interest Community\nOmbudsman, including the compensation paid to the Common Interest Community\nOmbudsman, shall be paid first from interest earned on deposits constituting the\nFund and the balance from the moneys collected annually in the Fund. The Board\nmay use the remainder of the interest earned on the balance of the Fund and of\nthe moneys collected annually and deposited in the Fund for financing or\npromoting the following:\n\n 1. Information and research in the field of common interest community\n management and operation;\n\n 2. Expeditious and inexpensive procedures for resolving complaints about an\n association from members of the association or other citizens;\n\n 3. Seminars and educational programs designed to address topics of concern to\n community associations; and\n\n 4. Other programs deemed necessary and proper to accomplish the purpose of\n this article.\n\nC. Following the close of any biennium, when the Common Interest Community\nManagement Information Fund shows expenses allocated to it for the past biennium\nto be more than 10 percent greater or less than moneys collected on behalf of\nthe Board, the Board shall revise the fees levied by it for placement into the\nFund so that the fees are sufficient but not excessive to cover expenses. A fee\nestablished pursuant to § 55.1-1835, 55.1-1980, or 55.1-2182 shall not\nexceed $25 unless such fee is based on the number of units or lots in the\nassociation.\n\nHISTORY: 1993, c. 958, \u00a7 55-529; 2008, cc. 851, 871; 2019, cc. 391, 712.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}