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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>67484</law_id><section_number>55.1-2109</section_number><catch_line>Unconscionable agreement or term of contract</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>55.1-2101</reference></referred_to_by><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="21">Virginia Real Estate Cooperative Act</unit><unit label="article" level="4" order_by="1" identifier="1">General Provisions</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> The <span class="dictionary">court</span>, upon <span class="dictionary">finding</span> as a matter of <span class="dictionary">law</span> that a <span class="dictionary">contract</span> or <span class="dictionary">contract</span> clause was unconscionable at the time the <span class="dictionary">contract</span> was made, may (i) refuse to enforce the <span class="dictionary">contract</span>, (ii) enforce the remainder of the <span class="dictionary">contract</span> without the unconscionable clause, or (iii) limit the application of any unconscionable clause in <span class="dictionary">order</span> to avoid an unconscionable result. <a id="paragraph-244529" class="section-permalink" href="https://vacode.org/55.1-2109/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Whenever it is claimed, or appears to the <span class="dictionary">court</span>, that a <span class="dictionary">contract</span> or any <span class="dictionary">contract</span> clause is or may be unconscionable, the parties, in <span class="dictionary">order</span> to aid the <span class="dictionary">court</span> in making the determination, shall be afforded a reasonable opportunity to present <span class="dictionary">evidence</span> as to: <a id="paragraph-244530" class="section-permalink" href="https://vacode.org/55.1-2109/#B"><i class="fa fa-link"/></a></p></section>
						<section id="B1" class="indent-1"><p><span class="prefix-number">1.</span> The commercial setting of the negotiations; <a id="paragraph-244531" class="section-permalink" href="https://vacode.org/55.1-2109/#B1"><i class="fa fa-link"/></a></p></section>
						<section id="B2" class="indent-1"><p><span class="prefix-number">2.</span> Whether a <span class="dictionary">party</span> has knowingly taken advantage of the inability of the other <span class="dictionary">party</span> to reasonably protect his interests by reason of physical or mental infirmity, illiteracy, or inability to understand the language of the agreement or similar factors; <a id="paragraph-244532" class="section-permalink" href="https://vacode.org/55.1-2109/#B2"><i class="fa fa-link"/></a></p></section>
						<section id="B3" class="indent-1"><p><span class="prefix-number">3.</span> The effect and purpose of the <span class="dictionary">contract</span> or clause; and <a id="paragraph-244533" class="section-permalink" href="https://vacode.org/55.1-2109/#B3"><i class="fa fa-link"/></a></p></section>
						<section id="B4" class="indent-1"><p><span class="prefix-number">4.</span> If a sale, any gross disparity at the time of contracting between the amount charged for the <span class="dictionary">cooperative interest</span> and the value of the <span class="dictionary">cooperative interest</span> measured by the price at which similar <span class="dictionary">cooperative interests</span> were readily obtainable in similar transactions; however, a disparity between the <span class="dictionary">contract</span> price and the value of the <span class="dictionary">cooperative interest</span> measured by the price at which similar <span class="dictionary">cooperative interests</span> were readily obtainable in similar transactions does not, of itself, render the <span class="dictionary">contract</span> unconscionable. <a id="paragraph-244534" class="section-permalink" href="https://vacode.org/55.1-2109/#B4"><i class="fa fa-link"/></a></p></section></text><history>1982, c. 277, &#xA7; 55-434; 2019, c. 712.</history><metadata></metadata></law>
