Code of Virginia (Last Updated:July 28, 2020) |
TITLE 55.1. Property and Conveyances |
SUBTITLE IV. Common Interest Communities |
CHAPTER 20. Horizontal Property Act |
ARTICLE 2. Creation and Alteration of Horizontal Property Regimes |
SECTION 55.1-2003. Establishment of horizontal property regime |
A. A horizontal property regime is established when a developer, the sole owner, or the co-owners of one or more buildings record a master deed or lease, which includes the particulars enumerated in § 55.1-2008 . B. Pursuant to § 55.1-2008 , this chapter is superseded by the Virginia Condominium Act (§ 55.1-2008 et seq.) as of July 1, 1974. No new developments may be established under the provisions of this chapter after that date. 1962, c. 627, § 3, § 55-79.3; 1966, c. 683; 2019, c. 55.1-2008 . |