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2020 SESSION

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SB 343 Dams; disclosure statements.

Introduced by: Mamie E. Locke | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Virginia Residential Property Disclosure Act; required disclosures for buyer to beware; impounding structures or dams. Directs the Real Estate Board to include in the residential property disclosure statement provided on its website a disclosure relating to the condition or regulatory status of any impounding structure or dam on the owner's property or under the ownership of a common interest community that the owner of the property is required to join. As introduced, this bill was a recommendation of the Virginia Housing Commission. This bill is identical to HB 1569.


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