West Virginia Application to Condominium Association to make Alterations and/or Modifications to Condominium Unit and Indemnification Agreement
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How to fill out Application To Condominium Association To Make Alterations And/or Modifications To Condominium Unit And Indemnification Agreement?
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FAQ
The Virginia Condominium Act consists of five articles addressing general provisions, the creation, alteration, and termination of condominiums, condominium management, administration of sales of condominiums, disclosure requirements and authorized fees.
The unit owners' association shall have the power, to the extent the condominium instruments or the condominium's rules and regulations expressly provide, to (i) suspend a unit owner's right to use facilities or services, including utility services, provided directly through the unit owners' association for nonpayment ...
Under Virginia law a purchaser of a condominium unit is afforded a 5-day period during which the purchaser may cancel the purchase contract of sale and obtain a full refund of any sums deposited in connection with the purchase contract.
Beginning January 1, 2016, condominium associations must disclose their status as a Federal Housing Administration (FHA) approved and a Department of Veterans Affairs (VA) approved condominium project. This only applies to condominium associations not planned developments. (Civ. Code § 5300(b)(10)-(11).)
Section 55-79.71 of the Virginia Condominium Act requires ?two-thirds of the votes in the unit owner's association? to amend the Declaration, unless the Declaration requires a larger percentage.