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2005 SESSION

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HJ 686 Common interest communities; Real Estate Board to review study performed by Old Dominion University.

Introduced by: Terrie L. Suit | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Study; common interest communities; report.  Requests the Virginia Real Estate Board to review the study performed by the Old Dominion University Center for Real Estate and Economic Development on common interest communities, which was funded through a grant from the Virginia Department of Professional and Occupational Regulation and the Virginia Real Estate Board. That study includes an analysis of the adequacy of training of, and disclosure of financial information to consumers by, financially compensated professional managers of condominium associations, property owners associations, and other similar common interest communities. The Board shall report its findings to the Governor and General Assembly by the first day of the 2006 Session of the General Assembly.


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