                                 CODE OF VIRGINIA

APPLICATION AND CONSTRUCTION OF CHAPTER (§ 55.1-1901)

A. This chapter applies to all condominiums and to all horizontal property
regimes or condominium projects. This chapter supersedes the Horizontal Property
Act (&#xA7; 55.1-2000 et seq.), and no condominium shall be established under
the Horizontal Property Act on or after July 1, 1974. This chapter shall not be
construed to affect the validity of any provision of any condominium instrument
recorded prior to July 1, 1974. For the purposes of this chapter, as used in the
Horizontal Property Act (&#xA7; 55.1-2000 et seq.):
			&#8220;Apartment&#8221; corresponds to the term &#8220;unit.&#8221;
			&#8220;Co-owner&#8221; corresponds to the term &#8220;unit owner.&#8221;
			&#8220;Council of co-owners&#8221; corresponds to the term &#8220;unit
owners&#8217; association.&#8221;
			&#8220;Developer&#8221; corresponds to the term &#8220;declarant.&#8221;
			&#8220;General common elements&#8221; corresponds to the term &#8220;common
elements.&#8221;
			&#8220;Horizontal property regime&#8221; and &#8220;condominium
project&#8221; correspond to the term &#8220;condominium.&#8221;
			&#8220;Master deed&#8221; and &#8220;master lease&#8221; correspond to the
term &#8220;declaration&#8221; and are included in the term &#8220;condominium
instruments.&#8221;

B. This chapter does not apply to condominiums located outside the Commonwealth.
Sections 55.1-1971, 55.1-1974 through 55.1-1982, and 55.1-1985 through 55.1-1989
apply to all contracts for the disposition of condominium units signed in the
Commonwealth by any person, unless exempt under &#xA7; 55.1-1972.

C. Subsection B of &#xA7; 55.1-1955 and &#xA7; 55.1-1982 do not apply to the
declarant of a conversion condominium if that declarant is a proprietary
lessees&#8217; association that, immediately before the creation of the
condominium, owned fee simple title to or a fee simple reversionary interest in
the real estate described pursuant to subdivision A 3 of &#xA7; 55.1-1916.

HISTORY: 1974, c. 416, § 55-79.40; 1982, c. 545; 1989, c. 63; 2006, c. 646;
2019, c. 712.