{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/55.1-2317.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/55.1-2317.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/55.1-2317.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/55.1-2317.html"}],"law_id":56550,"edition_id":1,"section_id":56550,"structure_id":14775,"section_number":"55.1-2317","catch_line":"Exemptions","history":"2023, cc. 387, 388; 2024, cc. 54, 511.","full_text":"A\n\nThe resale certificate required by this chapter need not be provided in the case of:1\n\nAn initial disposition of a unit to a person or entity that is not acquiring the unit for his own residence or for the construction of a dwelling unit to be occupied as his own residence, unless requested by such person or entity. The person or entity acquiring the unit shall nevertheless be obligated to abide by the declaration, bylaws, rules and regulations, and architectural guidelines of the association as to all matters;2\n\nA disposition of a unit by gift;3\n\nA disposition of a unit pursuant to court order if the court so directs;4\n\nA disposition of a unit by foreclosure or deed in lieu of foreclosure;5\n\nA disposition of a unit by a sale at auction, when the resale certificate was made available as part of the auction package for prospective purchasers prior to the auction; or6\n\nA disposition of a unit in a common interest community containing no residential units.B\n\nIn any transaction in which a resale certificate is required and a trustee acts as the seller in the sale or resale of a unit, the trustee shall obtain the resale certificate from the association and provide the resale certificate to the purchaser.","order_by":null,"text":{"0":{"id":206963,"text":"The resale certificate required by this chapter need not be provided in the case of:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":206964,"text":"An initial disposition of a unit to a person or entity that is not acquiring the unit for his own residence or for the construction of a dwelling unit to be occupied as his own residence, unless requested by such person or entity. The person or entity acquiring the unit shall nevertheless be obligated to abide by the declaration, bylaws, rules and regulations, and architectural guidelines of the association as to all matters;","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":206965,"text":"A disposition of a unit by gift;","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"A3"},"3":{"id":206966,"text":"A disposition of a unit pursuant to court order if the court so directs;","type":"section","prefixes":["A","3"],"prefix":"3","entire_prefix":"A3","prefix_anchor":"A3","level":2,"prior_prefix":"A2","next_prefix":"A4"},"4":{"id":206967,"text":"A disposition of a unit by foreclosure or deed in lieu of foreclosure;","type":"section","prefixes":["A","4"],"prefix":"4","entire_prefix":"A4","prefix_anchor":"A4","level":2,"prior_prefix":"A3","next_prefix":"A5"},"5":{"id":206968,"text":"A disposition of a unit by a sale at auction, when the resale certificate was made available as part of the auction package for prospective purchasers prior to the auction; or","type":"section","prefixes":["A","5"],"prefix":"5","entire_prefix":"A5","prefix_anchor":"A5","level":2,"prior_prefix":"A4","next_prefix":"A6"},"6":{"id":206969,"text":"A disposition of a unit in a common interest community containing no residential units.","type":"section","prefixes":["A","6"],"prefix":"6","entire_prefix":"A6","prefix_anchor":"A6","level":2,"prior_prefix":"A5","next_prefix":"B"},"7":{"id":206970,"text":"In any transaction in which a resale certificate is required and a trustee acts as the seller in the sale or resale of a unit, the trustee shall obtain the resale certificate from the association and provide the resale certificate to the purchaser.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A6"}},"ancestry":[{"id":14775,"edition_id":1,"name":"Resale Disclosure Act","identifier":"23.1","label":"chapter","depth":3,"order_by":1,"parent_id":12914,"metadata":{},"date_created":"2026-06-26 03:49:50","date_modified":"2026-06-26 03:49:50","permalink":{"id":247725,"object_type":"structure","relational_id":14775,"identifier":"23.1","token":"55.1\/IV\/23.1","url":"\/55.1\/IV\/23.1\/","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":85397,"structure_id":14775,"section_number":"55.1-2307","catch_line":"Definitions","url":"\/55.1-2307\/","token":"55.1\/IV\/23.1\/55.1-2307","metadata":false},{"id":73747,"structure_id":14775,"section_number":"55.1-2308","catch_line":"Contract for resale; disclosures","url":"\/55.1-2308\/","token":"55.1\/IV\/23.1\/55.1-2308","metadata":false},{"id":70933,"structure_id":14775,"section_number":"55.1-2309","catch_line":"Resale certificate; delivery","url":"\/55.1-2309\/","token":"55.1\/IV\/23.1\/55.1-2309","metadata":false},{"id":63018,"structure_id":14775,"section_number":"55.1-2310","catch_line":"Resale certificate; form and contents","url":"\/55.1-2310\/","token":"55.1\/IV\/23.1\/55.1-2310","metadata":false},{"id":80861,"structure_id":14775,"section_number":"55.1-2311","catch_line":"Updated resale certificate; financial update","url":"\/55.1-2311\/","token":"55.1\/IV\/23.1\/55.1-2311","metadata":false},{"id":77542,"structure_id":14775,"section_number":"55.1-2312","catch_line":"Cancellation of contract by purchaser","url":"\/55.1-2312\/","token":"55.1\/IV\/23.1\/55.1-2312","metadata":false},{"id":58689,"structure_id":14775,"section_number":"55.1-2313","catch_line":"Liability for resale certificate","url":"\/55.1-2313\/","token":"55.1\/IV\/23.1\/55.1-2313","metadata":false},{"id":68135,"structure_id":14775,"section_number":"55.1-2314","catch_line":"Failure to provide resale certificate; no waiver","url":"\/55.1-2314\/","token":"55.1\/IV\/23.1\/55.1-2314","metadata":false},{"id":77415,"structure_id":14775,"section_number":"55.1-2315","catch_line":"Properties subject to more than one declaration","url":"\/55.1-2315\/","token":"55.1\/IV\/23.1\/55.1-2315","metadata":false},{"id":57622,"structure_id":14775,"section_number":"55.1-2316","catch_line":"Resale certificate; fees","url":"\/55.1-2316\/","token":"55.1\/IV\/23.1\/55.1-2316","metadata":false},{"id":56550,"structure_id":14775,"section_number":"55.1-2317","catch_line":"Exemptions","url":"\/55.1-2317\/","token":"55.1\/IV\/23.1\/55.1-2317","metadata":false}],"previous_section":{"id":57622,"structure_id":14775,"section_number":"55.1-2316","catch_line":"Resale certificate; fees","url":"\/55.1-2316\/","token":"55.1\/IV\/23.1\/55.1-2316","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/55.1-2317\/","history_text":"

This law was first created in 2023. The record of its establishment is cataloged in chapters 387<\/a> and 388<\/a> 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. It has been modified 1 time. 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. That modification is as follows: in 2024, chapters 54<\/a> and 511<\/a>.<\/p>","references":[{"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\/"}],"refers_to":false,"permalink":{"id":247767,"object_type":"law","relational_id":56550,"identifier":"55.1-2317","token":"55.1\/IV\/23.1\/55.1-2317","url":"\/55.1-2317\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/55.1-2317\/","token":"55.1\/IV\/23.1\/55.1-2317","dublin_core":{"Title":"Exemptions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 55.1-2317","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The resale certificate<\/span> required by this chapter need not be provided in the case of: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> An initial disposition<\/span> of a unit<\/span> to a person or entity that is not acquiring the unit<\/span> for his own residence or for the construction of a dwelling unit<\/span> to be occupied as his own residence, unless requested by such person or entity. The person or entity acquiring the unit<\/span> shall nevertheless be obligated to abide by the declaration, bylaws, rules and regulations<\/span>, and architectural guidelines of the association<\/span> as to all matters; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> A disposition<\/span> of a unit<\/span> by gift; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> A disposition<\/span> of a unit<\/span> pursuant to court order<\/span> if the court so directs; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> A disposition<\/span> of a unit<\/span> by foreclosure or deed in lieu of foreclosure; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> A disposition<\/span> of a unit<\/span> by a sale at auction, when the resale certificate<\/span> was made available as part of the auction package for prospective purchasers<\/span> prior to the auction; or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> A disposition<\/span> of a unit<\/span> in a common interest community<\/span> containing no residential units<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> In any transaction in which a resale certificate<\/span> is required and a trustee acts as the seller<\/span> in the sale or resale of a unit<\/span>, the trustee shall obtain the resale certificate<\/span> from the association<\/span> and provide the resale certificate<\/span> to the purchaser<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nEXEMPTIONS (\u00a7 55.1-2317)\n\nA. The resale certificate required by this chapter need not be provided in the\ncase of:\n\n 1. An initial disposition of a unit to a person or entity that is not\n acquiring the unit for his own residence or for the construction of a dwelling\n unit to be occupied as his own residence, unless requested by such person or\n entity. The person or entity acquiring the unit shall nevertheless be\n obligated to abide by the declaration, bylaws, rules and regulations, and\n architectural guidelines of the association as to all matters;\n\n 2. A disposition of a unit by gift;\n\n 3. A disposition of a unit pursuant to court order if the court so directs;\n\n 4. A disposition of a unit by foreclosure or deed in lieu of foreclosure;\n\n 5. A disposition of a unit by a sale at auction, when the resale certificate\n was made available as part of the auction package for prospective purchasers\n prior to the auction; or\n\n 6. A disposition of a unit in a common interest community containing no\n residential units.\n\nB. In any transaction in which a resale certificate is required and a trustee\nacts as the seller in the sale or resale of a unit, the trustee shall obtain the\nresale certificate from the association and provide the resale certificate to\nthe purchaser.\n\nHISTORY: 2023, cc. 387, 388; 2024, cc. 54, 511.","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}}