                                 CODE OF VIRGINIA

EXEMPTIONS (§ 55.1-3201)

This chapter shall not apply to:

1. A home warranty or similar product that covers the cost of maintenance of a
major home system, such as plumbing, HVAC, or electrical wiring, for a specific
period of time;

2. An insurance contract;

3. An option or right of refusal to purchase residential real property;

4. A declaration created in the formation of a common interest community as
defined in &#xA7; 54.1-2345 or any amendment thereto;

5. A maintenance or repair agreement entered into by a property owners&#8217;
association in a common interest community;

6. A mortgage loan or commitment to make or receive a mortgage loan;

7. An agreement relating to the sale or rental of personal property;

8. Water, sewer, electrical, telephone, cable, or other regulated utility
service providers;

9. A property management agreement by which the owner of the real property
contracts with a party to provide management services for the maintenance,
ownership, operation, or lease of a residential premises; or

10. A mechanic&#8217;s lien, as established by &#xA7; 43-1.

HISTORY: 2024, cc. 328, 362.