                                 CODE OF VIRGINIA

SUBDIVISION OF UNITS (§ 55.1-2123)

A. If the declaration expressly so permits, a unit may be subdivided into two or
more units. Subject to the provisions of the declaration and other provisions of
law, upon application of a proprietary lessee to subdivide a unit, the
association shall prepare, execute, and record an amendment to the declaration
subdividing that unit. All costs for such preparation, execution, and
recordation shall be borne by the proprietary lessees involved.

B. The amendment to the declaration must (i) be executed by the proprietary
lessee of the unit to be subdivided, (ii) assign an identifying number to each
unit created, and (iii) reallocate the allocated interests formerly allocated to
the cooperative interest of which the subdivided unit is a part to the new
cooperative interests in any reasonable manner prescribed by the proprietary
lessee of the cooperative interest of which the subdivided unit is a part.

HISTORY: 1982, c. 277, § 55-449; 2019, c. 712.