18 Va. Admin. Code § 48-30-400

Current through Register Vol. 41, No. 9, December 16, 2024

Section 18VAC48-30-400 - Public offering statement for conversion condominium; general instructions

The public offering statement for a conversion condominium shall conform in all respects to the requirements of 18VAC48-30-160 through 18VAC48-30-380. In addition, the public offering statement for a conversion condominium shall (i) contain special disclosures in the narrative sections captioned "Description of the Condominium," "Terms of the Offering," and "Financial Matters"; and (ii) incorporate narrative sections captioned "Present Condition of the Condominium" and "Replacement Requirements." Provisions for such additional disclosure are set forth in 18VAC48-30-410 through 18VAC48-30-440.

Derived From Virginia Register Volume 31, Issue 20, eff. 8/1/2015.

Statutory Authority: § 54.1-2349 of the Code of Virginia.