                                 CODE OF VIRGINIA

APPLICATION FOR REGISTRATION; FEE (§ 55.1-1975)

A. The application for registration of the condominium shall be filed as
prescribed by the Common Interest Community Board&#8217;s regulations and shall
contain the following documents and information:

   1. An irrevocable appointment of the Common Interest Community Board to
   receive service of any lawful process in any noncriminal proceeding arising
   under this chapter against the applicant or his personal representative if
   nonresidents of the Commonwealth;

   2. The states or jurisdictions in which an application for registration or
   similar document has been filed and any adverse order or judgment entered in
   connection with the condominium by the regulatory authorities in each
   jurisdiction or by any court;

   3. The applicant&#8217;s name and address; the form, date, and jurisdiction of
   organization; and the address of each of its offices in the Commonwealth;

   4. The name, address, and principal occupation for the past five years of
   every officer of the applicant or person occupying a similar status or
   performing similar functions and the extent and nature of his interest in the
   applicant or the condominium, as of a specified date within 30 days of the
   filing of the application;

   5. A statement, in a form acceptable to the Common Interest Community Board,
   of the condition of the title to the condominium project, including
   encumbrances, as of a specified date within 30 days of the date of application
   by a title opinion of a licensed attorney not a salaried employee, officer, or
   director of the applicant or owner, or by other evidence of title acceptable
   to the Common Interest Community Board;

   6. Copies of the instruments that will be delivered to a purchaser to evidence
   his interest in the unit and of the contracts and other agreements that a
   purchaser will be required to agree to or sign;

   7. Copies of any management agreements, employment contracts, or other
   contracts or agreements affecting the use, maintenance, or access of all or a
   part of the condominium;

   8. A statement of the zoning and other governmental regulations affecting the
   use of the condominium, including the site plans and building permits and
   their status, and also of any existing tax and existing or proposed special
   taxes or assessments that affect the condominium;

   9. A narrative description of the promotional plan for the disposition of the
   units in the condominium;

   10. Plats and plans of the condominium that comply with the provisions of
   &#xA7; 55.1-1920 other than the certification requirements, and that show all
   units and buildings containing units to be built anywhere within the submitted
   land other than within the boundaries of any convertible lands, except that
   the Common Interest Community Board may establish by regulation or order
   requirements in lieu of the provisions of &#xA7; 55.1-1920 for plats and plans
   of a condominium located outside the Commonwealth;

   11. The proposed public offering statement;

   12. Any bonds required to be posted pursuant to the provisions of this
   chapter;

   13. A current financial statement or other documentation to demonstrate the
   declarant&#8217;s financial ability to complete all proposed improvements on
   the condominium; and

   14. Any other information that the Common Interest Community Board&#8217;s
   regulations require for the protection of purchasers.

B. If the declarant registers additional units to be offered for disposition in
the same condominium, he may consolidate the subsequent registration with any
earlier registration offering units in the condominium for disposition under the
same promotional plan.

C. The declarant shall immediately report any material changes in the
information contained in an application for registration.

D. Each application shall be accompanied by a fee in an amount established by
the Common Interest Community Board pursuant to &#xA7; 54.1-113. All fees shall
be remitted by the Common Interest Community Board to the State Treasurer and
shall be credited to the Common Interest Community Management Information Fund
established pursuant to &#xA7; 54.1-2354.2.

HISTORY: 1974, c. 416, § 55-79.89; 1975, c. 415; 1977, c. 428; 1988, c. 16;
2008, cc. 851, 871; 2011, c. 605; 2019, c. 712.