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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>56162</law_id><section_number>55.1-1940.1</section_number><catch_line>Termination and duration of certain management contracts</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="55.1">Property and Conveyances</unit><unit label="subtitle" level="2" order_by="1" identifier="IV">Common Interest Communities</unit><unit label="chapter" level="3" order_by="1" identifier="19">Virginia Condominium Act</unit><unit label="article" level="4" order_by="1" identifier="3">Management of Condominium</unit></structure><text>
						<section><p>A management <span class="dictionary">contract</span> that contains an automatic renewal provision may be terminated by the <span class="dictionary">unit owners</span>&#x2019; association or the <span class="dictionary">common interest community manager</span> at any time without cause and without <span class="dictionary">penalty</span> upon not less than 60 days&#x2019; written notice.</p></section></text><history>2023, c. 109; 2025, c. 105.</history><metadata></metadata></law>
