{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/55.1-1972.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/55.1-1972.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/55.1-1972.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/55.1-1972.html"}],"law_id":75490,"edition_id":1,"section_id":75490,"structure_id":15581,"section_number":"55.1-1972","catch_line":"Exemptions from certain provisions of article","history":"1974, c. 416, \u00a7 55-79.87; 1975, c. 415; 1984, c. 427; 1993, c. 667; 2007, c. 266; 2012, c. 325; 2015, c. 277; 2019, c. 712; 2023, cc. 387, 388.","full_text":"A\n\nUnless the method of offer or disposition is adopted for the purpose of evasion of this chapter, the provisions of \u00a7\u00a7 55.1-1974 through 55.1-1979, subsections B and D of \u00a7 55.1-1982, and \u00a7\u00a7 55.1-2308 and 55.1-2309 do not apply to:1\n\nDispositions pursuant to court order;2\n\nDispositions by any government or government agency;3\n\nOffers by the declarant on nonbinding reservation agreements;4\n\nDispositions in a residential condominium in which there are three or fewer units, so long as the condominium instruments do not reserve to the declarant the right to create additional condominium units; or5\n\nA disposition of a unit by a sale at an auction where a current public offering statement or resale certificate was made available as part of an auction package for prospective purchasers prior to the auction sale.B\n\nIn cases of dispositions in a condominium where all units are restricted to nonresidential use, the provisions of &#xA7;&#xA7; 55.1-1974 through 55.1-1983 shall not apply, unless the method of offer or disposition is adopted for the purpose of evasion of this chapter.","order_by":null,"text":{"0":{"id":270940,"text":"Unless the method of offer or disposition is adopted for the purpose of evasion of this chapter, the provisions of \u00a7\u00a7 55.1-1974 through 55.1-1979, subsections B and D of \u00a7 55.1-1982, and \u00a7\u00a7 55.1-2308 and 55.1-2309 do not apply to:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":270941,"text":"Dispositions pursuant to court order;","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":270942,"text":"Dispositions by any government or government agency;","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"A3"},"3":{"id":270943,"text":"Offers by the declarant on nonbinding reservation agreements;","type":"section","prefixes":["A","3"],"prefix":"3","entire_prefix":"A3","prefix_anchor":"A3","level":2,"prior_prefix":"A2","next_prefix":"A4"},"4":{"id":270944,"text":"Dispositions in a residential condominium in which there are three or fewer units, so long as the condominium instruments do not reserve to the declarant the right to create additional condominium units; or","type":"section","prefixes":["A","4"],"prefix":"4","entire_prefix":"A4","prefix_anchor":"A4","level":2,"prior_prefix":"A3","next_prefix":"A5"},"5":{"id":270945,"text":"A disposition of a unit by a sale at an auction where a current public offering statement or resale certificate was made available as part of an auction package for prospective purchasers prior to the auction sale.","type":"section","prefixes":["A","5"],"prefix":"5","entire_prefix":"A5","prefix_anchor":"A5","level":2,"prior_prefix":"A4","next_prefix":"B"},"6":{"id":270946,"text":"In cases of dispositions in a condominium where all units are restricted to nonresidential use, the provisions of &#xA7;&#xA7; 55.1-1974 through 55.1-1983 shall not apply, unless the method of offer or disposition is adopted for the purpose of evasion of this chapter.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A5"}},"ancestry":[{"id":15581,"edition_id":1,"name":"Administration of Chapter; Sale, Etc., of Condominium Units","identifier":"4","label":"article","depth":4,"order_by":1,"parent_id":13018,"metadata":{},"date_created":"2026-06-26 03:56:32","date_modified":"2026-06-26 03:56:32","permalink":{"id":246927,"object_type":"structure","relational_id":15581,"identifier":"4","token":"55.1\/IV\/19\/4","url":"\/55.1\/IV\/19\/4\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13018,"edition_id":1,"name":"Virginia Condominium Act","identifier":"19","label":"chapter","depth":3,"order_by":1,"parent_id":12914,"metadata":{},"date_created":"2026-06-26 03:44:09","date_modified":"2026-06-26 03:44:09","permalink":{"id":246623,"object_type":"structure","relational_id":13018,"identifier":"19","token":"55.1\/IV\/19","url":"\/55.1\/IV\/19\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12914,"edition_id":1,"name":"Common Interest Communities","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12707,"metadata":{},"date_created":"2026-06-26 03:44:01","date_modified":"2026-06-26 03:44:01","permalink":{"id":246473,"object_type":"structure","relational_id":12914,"identifier":"IV","token":"55.1\/IV","url":"\/55.1\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12707,"edition_id":1,"name":"Property and Conveyances","identifier":"55.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":244769,"object_type":"structure","relational_id":12707,"identifier":"55.1","token":"55.1","url":"\/55.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":68690,"structure_id":15581,"section_number":"55.1-1970","catch_line":"Common Interest Community Board","url":"\/55.1-1970\/","token":"55.1\/IV\/19\/4\/55.1-1970","metadata":false},{"id":59771,"structure_id":15581,"section_number":"55.1-1971","catch_line":"General powers and duties of the Common Interest Community Board","url":"\/55.1-1971\/","token":"55.1\/IV\/19\/4\/55.1-1971","metadata":{"court_decisions":""}},{"id":75490,"structure_id":15581,"section_number":"55.1-1972","catch_line":"Exemptions from certain provisions of article","url":"\/55.1-1972\/","token":"55.1\/IV\/19\/4\/55.1-1972","metadata":false},{"id":61023,"structure_id":15581,"section_number":"55.1-1973","catch_line":"Rental of units","url":"\/55.1-1973\/","token":"55.1\/IV\/19\/4\/55.1-1973","metadata":false},{"id":68890,"structure_id":15581,"section_number":"55.1-1974","catch_line":"Limitations on dispositions of units","url":"\/55.1-1974\/","token":"55.1\/IV\/19\/4\/55.1-1974","metadata":false},{"id":61758,"structure_id":15581,"section_number":"55.1-1975","catch_line":"Application for registration; fee","url":"\/55.1-1975\/","token":"55.1\/IV\/19\/4\/55.1-1975","metadata":false},{"id":85082,"structure_id":15581,"section_number":"55.1-1976","catch_line":"Public offering statement; condominium securities","url":"\/55.1-1976\/","token":"55.1\/IV\/19\/4\/55.1-1976","metadata":false},{"id":82046,"structure_id":15581,"section_number":"55.1-1977","catch_line":"Inquiry and examination","url":"\/55.1-1977\/","token":"55.1\/IV\/19\/4\/55.1-1977","metadata":false},{"id":75453,"structure_id":15581,"section_number":"55.1-1978","catch_line":"Notice of filing and registration","url":"\/55.1-1978\/","token":"55.1\/IV\/19\/4\/55.1-1978","metadata":false},{"id":65140,"structure_id":15581,"section_number":"55.1-1979","catch_line":"Annual report by declarant","url":"\/55.1-1979\/","token":"55.1\/IV\/19\/4\/55.1-1979","metadata":false},{"id":61172,"structure_id":15581,"section_number":"55.1-1980","catch_line":"Annual report by unit owners' association","url":"\/55.1-1980\/","token":"55.1\/IV\/19\/4\/55.1-1980","metadata":false},{"id":73657,"structure_id":15581,"section_number":"55.1-1981","catch_line":"Termination of registration","url":"\/55.1-1981\/","token":"55.1\/IV\/19\/4\/55.1-1981","metadata":false},{"id":64581,"structure_id":15581,"section_number":"55.1-1982","catch_line":"Conversion condominiums; special provisions","url":"\/55.1-1982\/","token":"55.1\/IV\/19\/4\/55.1-1982","metadata":false},{"id":59449,"structure_id":15581,"section_number":"55.1-1983","catch_line":"Escrow of deposits","url":"\/55.1-1983\/","token":"55.1\/IV\/19\/4\/55.1-1983","metadata":false},{"id":72592,"structure_id":15581,"section_number":"55.1-1984","catch_line":"Declarant to deliver declaration to purchaser","url":"\/55.1-1984\/","token":"55.1\/IV\/19\/4\/55.1-1984","metadata":false},{"id":66724,"structure_id":15581,"section_number":"55.1-1985","catch_line":"Investigations and proceedings","url":"\/55.1-1985\/","token":"55.1\/IV\/19\/4\/55.1-1985","metadata":false},{"id":63733,"structure_id":15581,"section_number":"55.1-1986","catch_line":"Cease and desist orders","url":"\/55.1-1986\/","token":"55.1\/IV\/19\/4\/55.1-1986","metadata":false},{"id":78872,"structure_id":15581,"section_number":"55.1-1987","catch_line":"Revocation of registration","url":"\/55.1-1987\/","token":"55.1\/IV\/19\/4\/55.1-1987","metadata":false},{"id":86244,"structure_id":15581,"section_number":"55.1-1988","catch_line":"Judicial review","url":"\/55.1-1988\/","token":"55.1\/IV\/19\/4\/55.1-1988","metadata":false},{"id":66151,"structure_id":15581,"section_number":"55.1-1989","catch_line":"Penalties","url":"\/55.1-1989\/","token":"55.1\/IV\/19\/4\/55.1-1989","metadata":false}],"previous_section":{"id":59771,"structure_id":15581,"section_number":"55.1-1971","catch_line":"General powers and duties of the Common Interest Community Board","url":"\/55.1-1971\/","token":"55.1\/IV\/19\/4\/55.1-1971","metadata":{"court_decisions":""}},"next_section":{"id":61023,"structure_id":15581,"section_number":"55.1-1973","catch_line":"Rental of units","url":"\/55.1-1973\/","token":"55.1\/IV\/19\/4\/55.1-1973","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/55.1-1972\/","history_text":"<p>This law was first created in 1974. The record of its establishment is cataloged in chapter 416 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 1974 \u201cActs\u201d aren\u2019t available online. It has been modified 8 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 1975, chapter 415; in 1984, chapter 427; in 1993, chapter 667; in 2007, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?071+ful+CHAP0266\">266<\/a>; in 2012, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?121+ful+CHAP0325\">325<\/a>; in 2015, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?151+ful+CHAP0277\">277<\/a>; in 2019, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?191+ful+CHAP0712\">712<\/a>; in 2023, chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?231+ful+CHAP0387\">387<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?231+ful+CHAP0388\">388<\/a>.<\/p>","references":[{"id":68890,"section_number":"55.1-1974","catch_line":"Limitations on dispositions of units","order_by":null,"url":"\/55.1-1974\/"},{"id":66151,"section_number":"55.1-1989","catch_line":"Penalties","order_by":null,"url":"\/55.1-1989\/"}],"refers_to":[{"id":68890,"section_number":"55.1-1974","catch_line":"Limitations on dispositions of units","order_by":null,"url":"\/55.1-1974\/"},{"id":65140,"section_number":"55.1-1979","catch_line":"Annual report by declarant","order_by":null,"url":"\/55.1-1979\/"},{"id":64581,"section_number":"55.1-1982","catch_line":"Conversion condominiums; special provisions","order_by":null,"url":"\/55.1-1982\/"},{"id":59449,"section_number":"55.1-1983","catch_line":"Escrow of deposits","order_by":null,"url":"\/55.1-1983\/"},{"id":73747,"section_number":"55.1-2308","catch_line":"Contract for resale; disclosures","order_by":null,"url":"\/55.1-2308\/"},{"id":70933,"section_number":"55.1-2309","catch_line":"Resale certificate; delivery","order_by":null,"url":"\/55.1-2309\/"}],"permalink":{"id":246937,"object_type":"law","relational_id":75490,"identifier":"55.1-1972","token":"55.1\/IV\/19\/4\/55.1-1972","url":"\/55.1-1972\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/55.1-1972\/","token":"55.1\/IV\/19\/4\/55.1-1972","dublin_core":{"Title":"Exemptions from certain provisions of article","Type":"Text","Format":"text\/html","Identifier":"\u00a7 55.1-1972","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> Unless the method of <span class=\"dictionary\">offer<\/span> or <span class=\"dictionary\">disposition<\/span> is adopted for the purpose of evasion of this chapter, the provisions of \u00a7\u00a7&nbsp;<a class=\"law\" title=\"Limitations on dispositions of units\" href=\"\/55.1-1974\/\">55.1-1974<\/a> through <a class=\"law\" title=\"Annual report by declarant\" href=\"\/55.1-1979\/\">55.1-1979<\/a>, subsections B and D of \u00a7&nbsp;<a class=\"law\" title=\"Conversion condominiums; special provisions\" href=\"\/55.1-1982\/\">55.1-1982<\/a>, and \u00a7\u00a7&nbsp;<a class=\"law\" title=\"Contract for resale; disclosures\" href=\"\/55.1-2308\/\">55.1-2308<\/a> and <a class=\"law\" title=\"Resale certificate; delivery\" href=\"\/55.1-2309\/\">55.1-2309<\/a> do not apply to: <a id=\"paragraph-270940\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/55.1-1972\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"A1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> <span class=\"dictionary\">Dispositions<\/span> pursuant to <span class=\"dictionary\">court order<\/span>; <a id=\"paragraph-270941\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/55.1-1972\/#A1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"A2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> <span class=\"dictionary\">Dispositions<\/span> by any government or government agency; <a id=\"paragraph-270942\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/55.1-1972\/#A2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"A3\" class=\"indent-1\"><p><span class=\"prefix-number\">3.<\/span> <span class=\"dictionary\">Offers<\/span> by the <span class=\"dictionary\">declarant<\/span> on <span class=\"dictionary\">nonbinding reservation agreements<\/span>; <a id=\"paragraph-270943\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/55.1-1972\/#A3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"A4\" class=\"indent-1\"><p><span class=\"prefix-number\">4.<\/span> <span class=\"dictionary\">Dispositions<\/span> in a residential condominium in which there are three or fewer units, so long as the condominium instruments do not reserve to the <span class=\"dictionary\">declarant<\/span> the right to create additional <span class=\"dictionary\">condominium units<\/span>; or <a id=\"paragraph-270944\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/55.1-1972\/#A4\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"A5\" class=\"indent-1\"><p><span class=\"prefix-number\">5.<\/span> A <span class=\"dictionary\">disposition<\/span> of a <span class=\"dictionary\">unit<\/span> by a sale at an auction where a current public offering statement or resale certificate was made available as part of an auction package for prospective <span class=\"dictionary\">purchasers<\/span> prior to the auction sale. <a id=\"paragraph-270945\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/55.1-1972\/#A5\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> In cases of <span class=\"dictionary\">dispositions<\/span> in a condominium where all units are restricted to nonresidential use, the provisions of &#xA7;&#xA7; <a class=\"law\" title=\"Limitations on dispositions of units\" href=\"\/55.1-1974\/\">55.1-1974<\/a> through <a class=\"law\" title=\"Escrow of deposits\" href=\"\/55.1-1983\/\">55.1-1983<\/a> shall not apply, unless the method of <span class=\"dictionary\">offer<\/span> or <span class=\"dictionary\">disposition<\/span> is adopted for the purpose of evasion of this chapter. <a id=\"paragraph-270946\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/55.1-1972\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEXEMPTIONS FROM CERTAIN PROVISIONS OF ARTICLE (\u00a7 55.1-1972)\n\nA. Unless the method of offer or disposition is adopted for the purpose of\nevasion of this chapter, the provisions of \u00a7\u00a7 55.1-1974 through 55.1-1979,\nsubsections B and D of \u00a7 55.1-1982, and \u00a7\u00a7 55.1-2308 and 55.1-2309 do not\napply to:\n\n   1. Dispositions pursuant to court order;\n\n   2. Dispositions by any government or government agency;\n\n   3. Offers by the declarant on nonbinding reservation agreements;\n\n   4. Dispositions in a residential condominium in which there are three or fewer\n   units, so long as the condominium instruments do not reserve to the declarant\n   the right to create additional condominium units; or\n\n   5. A disposition of a unit by a sale at an auction where a current public\n   offering statement or resale certificate was made available as part of an\n   auction package for prospective purchasers prior to the auction sale.\n\nB. In cases of dispositions in a condominium where all units are restricted to\nnonresidential use, the provisions of &#xA7;&#xA7; 55.1-1974 through 55.1-1983\nshall not apply, unless the method of offer or disposition is adopted for the\npurpose of evasion of this chapter.\n\nHISTORY: 1974, c. 416, \u00a7 55-79.87; 1975, c. 415; 1984, c. 427; 1993, c. 667;\n2007, c. 266; 2012, c. 325; 2015, c. 277; 2019, c. 712; 2023, cc. 387, 388.","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}}