                                 CODE OF VIRGINIA

DEFINITIONS (§ 54.1-2345)

As used in this chapter, unless the context requires a different meaning:
		&#8220;Association&#8221; includes condominium, cooperative, or property
owners&#8217; associations.
		&#8220;Board&#8221; means the Common Interest Community Board.
		&#8220;Common interest community&#8221; means real estate subject to a
declaration containing lots, at least some of which are residential or occupied
for recreational purposes, and common areas to which a person, by virtue of the
person&#8217;s ownership of a lot subject to that declaration, is a member of
the association and is obligated to pay assessments of common expenses, provided
that for the purposes of this chapter only, a common interest community does not
include any time-share project registered pursuant to the Virginia Real Estate
Time-Share Act (§ 55.1-2200 et seq.) or any additional land that is a part of
such registration. &#8220;Common interest community&#8221; does not include an
arrangement described in § 54.1-2345.1.
		&#8220;Common interest community manager&#8221; means a person or business
entity, including a partnership, association, corporation, or limited liability
company, that, for compensation or valuable consideration, provides management
services to a common interest community.
		&#8220;Declaration&#8221; means any instrument, however denominated, recorded
among the land records of the county or city in which the development or any
part thereof is located, that either (i) imposes on the association maintenance
or operational responsibilities for the common area as a regular annual
assessment or (ii) creates the authority in the association to impose on lots,
or on the owners or occupants of such lots, or on any other entity any mandatory
payment of money as a regular annual assessment in connection with the provision
of maintenance or services or both for the benefit of some or all of the lots,
the owners or occupants of the lots, or the common area.
&#8220;Declaration&#8221; includes any amendment or supplement to the
instruments described in this definition.
		&#8220;Governing board&#8221; means the governing board of an association,
including the executive organ of a condominium unit owners&#8217; association,
the executive board of a cooperative proprietary lessees&#8217; association, and
the board of directors or other governing body of a property owners&#8217;
association.
		&#8220;Lot&#8221; means (i) any plot or parcel of land designated for separate
ownership or occupancy shown on a recorded subdivision plat for a development or
the boundaries of which are described in the declaration or in a recorded
instrument referred to or expressly contemplated by the declaration, other than
a common area, and (ii) a unit in a condominium association or a unit in a real
estate cooperative.
		&#8220;Management services&#8221; means (i) acting with the authority of an
association in its business, legal, financial, or other transactions with
association members and nonmembers; (ii) executing the resolutions and decisions
of an association or, with the authority of the association, enforcing the
rights of the association secured by statute, contract, covenant, rule, or
bylaw; (iii) collecting, disbursing, or otherwise exercising dominion or control
over money or other property belonging to an association; (iv) preparing
budgets, financial statements, or other financial reports for an association;
(v) arranging, conducting, or coordinating meetings of an association or the
governing body of an association; (vi) negotiating contracts or otherwise
coordinating or arranging for services or the purchase of property and goods for
or on behalf of an association; or (vii) offering or soliciting to perform any
of the aforesaid acts or services on behalf of an association.

HISTORY: 2008, cc. 851, 871; 2019, c. 712; 2020, c. 592.