Code of Virginia (Last Updated:July 28, 2020) |
TITLE 55.1. Property and Conveyances |
SUBTITLE IV. Common Interest Communities |
CHAPTER 18. Property Owners' Association Act |
ARTICLE 3. Operation and Management of Association |
SECTION 55.1-1834. Notice of sale under deed of trust |
In accordance with the provisions of § 15.2-979 , the association shall be given notice whenever a lot becomes subject to a sale under a deed of trust. Upon receipt of such notice, the board of directors, on behalf of the association, shall exercise whatever due diligence it deems necessary with respect to the lot subject to a sale under a deed of trust to protect the interests of the association. 2015, cc. 15.2-979 , 15.2-979 , § 55-516.01; 2019, c. 15.2-979 . |