                                 CODE OF VIRGINIA

REGISTRATION REQUIRED (§ 55.1-2175)

A declarant shall not offer or dispose of a cooperative interest intended for
residential use unless the cooperative and the cooperative interest are
registered with the Common Interest Community Board. A cooperative consisting of
no more than three units that is not subject to development rights is exempt
from the requirements of this section.

HISTORY: 1982, c. 277, § 55-497; 2019, c. 712.