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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>70933</law_id><section_number>55.1-2309</section_number><catch_line>Resale certificate; delivery</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>54.1-2130</reference><reference>55.1-1800</reference><reference>55.1-1820.1</reference><reference>55.1-1937</reference><reference>55.1-1951</reference><reference>55.1-1951.1</reference><reference>55.1-1972</reference><reference>55.1-2101</reference><reference>55.1-2133</reference><reference>55.1-2133.1</reference><reference>55.1-2151</reference><reference>55.1-2162</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="23.1">Resale Disclosure Act</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> The <span class="dictionary">seller</span> or the <span class="dictionary">seller</span>&#x2019;s <span class="dictionary">agent</span> shall obtain the <span class="dictionary">resale certificate</span> from the <span class="dictionary">association</span> and provide such <span class="dictionary">resale certificate</span> to the <span class="dictionary">purchaser</span> or the <span class="dictionary">purchaser</span>&#x2019;s <span class="dictionary">agent</span>. This requirement shall not be waived or changed by agreement. <a id="paragraph-255799" class="section-permalink" href="https://vacode.org/55.1-2309/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Unless exempt pursuant to &#xA7; <a class="law" title="Exemptions" href="/55.1-2317/">55.1-2317</a>, the <span class="dictionary">association</span>, the <span class="dictionary">association</span>&#x2019;s <span class="dictionary">managing agent</span>, or any third <span class="dictionary">party</span> preparing the <span class="dictionary">resale certificate</span> on behalf of the <span class="dictionary">association</span> shall deliver such <span class="dictionary">resale certificate</span> within 14 <span class="dictionary">days</span> after a written request by a <span class="dictionary">seller</span> or <span class="dictionary">seller</span>&#x2019;s agent. If no <span class="dictionary">resale certificate</span> is delivered within 14 <span class="dictionary">days</span> after such request, the <span class="dictionary">resale certificate</span> shall be deemed unavailable. No <span class="dictionary">association</span> shall require the <span class="dictionary">seller</span> or the <span class="dictionary">seller</span>&#x2019;s agent to provide the <span class="dictionary">purchaser</span>&#x2019;s name prior to preparing the <span class="dictionary">resale certificate</span>. <a id="paragraph-255800" class="section-permalink" href="https://vacode.org/55.1-2309/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> The <span class="dictionary">association</span>, <span class="dictionary">association</span>&#x2019;s <span class="dictionary">managing agent</span>, or any third <span class="dictionary">party</span> preparing the <span class="dictionary">resale certificate</span> on behalf of the <span class="dictionary">association</span> shall deliver the <span class="dictionary">resale certificate</span> to the <span class="dictionary">seller</span>, or to such person as the <span class="dictionary">seller</span> may direct, either printed or in a generally accepted electronic format as the <span class="dictionary">seller</span> may request. <a id="paragraph-255801" class="section-permalink" href="https://vacode.org/55.1-2309/#C"><i class="fa fa-link"/></a></p></section>
						<section id="D"><p><span class="prefix-number">D.</span> The information contained in the resale certificate shall be current as of a date specified on the resale certificate. The <span class="dictionary">seller</span> or <span class="dictionary">purchaser</span> may request an <span class="dictionary">updated resale certificate</span> as provided in &#xA7; <a class="law" title="Updated resale certificate; financial update" href="/55.1-2311/">55.1-2311</a>. <a id="paragraph-255802" class="section-permalink" href="https://vacode.org/55.1-2309/#D"><i class="fa fa-link"/></a></p></section></text><history>2023, cc. 388, 387; 2024, cc. 54, 511; 2025, c. 247.</history><metadata></metadata></law>
