                                 CODE OF VIRGINIA

CREATION OF COOPERATIVE OWNERSHIP (§ 55.1-2112)

A cooperative may be created pursuant to this chapter only by recording a
declaration executed in the same manner as a deed and by conveying to the
association the real estate subject to that declaration. The declaration shall
be recorded in every county or city in which any portion of the cooperative is
located, indexed in the grantee&#8217;s index in the name of the cooperative and
the association, and indexed in the grantor&#8217;s index in the name of each
person executing the declaration.

HISTORY: 1982, c. 277, § 55-438; 2019, c. 712.