Code of Virginia (Last Updated:July 28, 2020) |
TITLE 55.1. Property and Conveyances |
SUBTITLE II. Real Estate Settlements and Recordation |
CHAPTER 7. Virginia Residential Property Disclosure Act |
SECTION 55.1-708.1. Required disclosures; stormwater management facilities |
An owner of residential real property who has actual knowledge of a privately owned stormwater management facility located on such property shall disclose to the purchaser the long-term maintenance and inspection requirements for the facility. Such disclosure shall be provided to the purchaser in accordance with this chapter and on a form provided by the Real Estate Board on its website. 2020, c. 313 . |