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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>71715</law_id><section_number>55.1-2300</section_number><catch_line>Definitions</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>46.2-1231</reference><reference>46.2-1232</reference><reference>55.1-1801</reference><reference>55.1-2218</reference><reference>55.1-2305</reference><reference>59.1-314</reference><reference>8.01-463</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="23">Subdivided Land Sales Act</unit></structure><text>
						<section><p>As used in this chapter, unless the context requires a different meaning:
		&#x201C;<span class="dictionary">Agent</span>&#x201D; means any <span class="dictionary">person</span> who represents or acts for or on behalf of a <span class="dictionary">developer</span> in the <span class="dictionary">disposition</span> of any <span class="dictionary">lot</span> in a subdivision, but does not include an attorney whose representation of another <span class="dictionary">person</span> consists solely of rendering legal services.
		&#x201C;<span class="dictionary">Blanket encumbrance</span>&#x201D; means a trust, deed, mortgage, <span class="dictionary">judgment</span>, or any other <span class="dictionary">lien</span> or encumbrance, securing or evidencing the payment of money and affecting the land comprising the subdivision to be offered and sold or leased or affecting more than 10 <span class="dictionary">lots</span> or parcels of such lands, or an agreement affecting more than 10 <span class="dictionary">lots</span> or parcels of such lands by which the <span class="dictionary">developer</span> holds such subdivision under option, contract, <span class="dictionary">sale</span>, or trust agreement. &#x201C;<span class="dictionary">Blanket encumbrance</span>&#x201D; does not include mechanics&#x2019; <span class="dictionary">liens</span>, taxes, or assessments levied by a public authority, or easements granted to public utilities or governmental agencies for the purpose of bringing services to the <span class="dictionary">lot</span> or parcel within the subdivision.
		&#x201C;<span class="dictionary">Developer</span>&#x201D; means any <span class="dictionary">person</span> who <span class="dictionary">offers</span>, directly or indirectly, for <span class="dictionary">disposition</span>, any <span class="dictionary">lot</span> in a subdivision, but does not include a trustee under a deed of trust securing an indebtedness or other obligation who sells <span class="dictionary">lots</span> within such subdivision under foreclosure proceedings, provided that the purpose in so doing is not to evade the provisions of this chapter.
		&#x201C;<span class="dictionary">Disposition</span>&#x201D; or &#x201C;<span class="dictionary">sale</span>&#x201D; means any lease, assignment, or exchange, or any interest in any <span class="dictionary">lot</span> that is a part of or included in a subdivision.
		&#x201C;<span class="dictionary">Land sales installment contract</span>&#x201D; means any installment contract for the <span class="dictionary">sale</span> or <span class="dictionary">disposition</span> of land by which the <span class="dictionary">purchaser</span> does not receive a deed conveying the property purchased until some or all installment payments have been made as called for in the contract and record title to such property remains in another pending full performance of the contract.
		&#x201C;<span class="dictionary">Lot</span>&#x201D; means any unit, parcel, division, piece of land, or interest in land except utility easements if such interest carries with it the exclusive right to use a specific portion of property.
		&#x201C;<span class="dictionary">Offer</span>&#x201D; means any inducement, solicitation, media advertisement, or attempt performed by or on behalf of a <span class="dictionary">developer</span> that has as its objective the <span class="dictionary">disposition</span> of a <span class="dictionary">lot</span> in a subdivision.
		&#x201C;<span class="dictionary">Person</span>&#x201D; means any individual, corporation, government or governmental agency, business trust, estate, trust, partnership, unincorporated association, two or more of any of the foregoing having a joint or common interest, or any other legal or commercial entity.
		&#x201C;<span class="dictionary">Purchaser</span>&#x201D; means a <span class="dictionary">person</span> who acquires or attempts to acquire any <span class="dictionary">lot</span> in a subdivision.
		&#x201C;Subdivision&#x201D; means:</p></section>
						<section id="1"><p><span class="prefix-number">1.</span> Any subdivision of land into 100 or more <span class="dictionary">lots</span>, whether contiguous or not, where any such <span class="dictionary">lots</span> are, from July 1, 1978, sold or disposed of by <span class="dictionary">land sales installment contracts</span> and pursuant to a common promotional plan, where <span class="dictionary">lot</span> <span class="dictionary">purchasers</span> within such subdivision have use of and access to the facilities and amenities within such subdivision for which the <span class="dictionary">lot</span> owners are assessed on a regular or special basis for the use and enjoyment of such <span class="dictionary">lot</span>; and <a id="paragraph-258389" class="section-permalink" href="https://vacode.org/55.1-2300/#1"><i class="fa fa-link"/></a></p></section>
						<section id="2"><p><span class="prefix-number">2.</span> Any existing subdivision of land of 30 or more <span class="dictionary">lots</span> in which the <span class="dictionary">developer</span> has concluded its sales effort for a period of six consecutive months and has transferred to the association described in subdivision A 1 of &#xA7; <a class="law" title="Management, regulation, and control of subdivisions with common facilities or property owners' associations; assessments; liens" href="/55.1-2305/">55.1-2305</a> all the title, control, and maintenance responsibilities of the common areas and common facilities. <a id="paragraph-258390" class="section-permalink" href="https://vacode.org/55.1-2300/#2"><i class="fa fa-link"/></a></p></section></text><history>1978, c. 510, &#xA7; 55-337; 1980, c. 546; 1996, c. 372; 2019, c. 712.</history><metadata></metadata></law>
