Code of Virginia § 54.1-2350. Annual report; form to accompany resale certificates.
152 words·~1 min read·
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In addition to the provisions of § 54.1-2349 , the Board shall:
1. Administer the provisions of Article 2 (§ 54.1-2354.1 et seq.);
2. Develop and disseminate an association annual report form for use in accordance with §§ 55.1-1835 , 55.1-1980 , and 55.1-2182 ; and
3. Develop and disseminate a standardized resale certificate form, which shall contain disclosure statements in the order listed in § 55.1-2310 . The form shall provide for the attachment of reference documents and contain space for an association to indicate those disclosures that pertain to its particular community. The form shall also provide that the purchaser remains responsible for his own examination of the resale certificate and of any attached reference documents.
2008, cc. 851 , 871 ; 2017, c. 257 ; 2018, cc. 70 , 733 ; 2019, cc. 390 , 712 ; 2022, cc. 65 , 66 ; 2023, cc. 387 , 388 .