Virginia House Bill 1995 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2013 - 25% progression, died in chamber
Action: 2013-01-14 - Stricken from docket by Courts of Justice by voice vote
Text: Latest bill text (Prefiled) [HTML]

Condominium Act; convertible land. Provides that no mortgage, deed of trust, or other lien shall be subject to the provisions of a recorded declaration unless such mortgage, deed of trust, or other lien expressly so provides. The bill also provides that certification that all units or portions thereof depicted on the plans have been substantially completed shall not be required at the time of recordation if a completion bond has been filed and remains in full force and effect until all units designated on the convertible land are certified as substantially complete by a licensed architect, licensed engineer, or licensed land surveyor. Finally, the bill provides that if a completion bond has been filed before the expiration of the time limits for conversion of convertible land, then such time limit to complete the units shall be deemed satisfied for so long as the bond remains in effect.

Condominium Act; convertible land.

Del. James Massie [R]

Date	Chamber	Action
2013-01-14	House	Stricken from docket by Courts of Justice by voice vote
2013-01-09	House	Referred to Committee for Courts of Justice
2013-01-09	House	Prefiled and ordered printed; offered 01/09/13 13101046D

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?131+sum+HB1995
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+HB1995+hil