18VAC48-60-15: Timeframe for association registration and annual report

A. Within the meaning and intent of § 55.1-1835 of the Code of Virginia, a property owners' association must register with the board by filing an annual report within 30 days of recordation of the declaration and file an annual report every year thereafter.

B. Within 30 days after the date of termination of the declarant control period, an association governing a condominium must register with the board by filing the annual report required by § 55.1-1980 of the Code of Virginia and file an annual report every year thereafter.

C. Within 30 days after the date of termination of the declarant control period, a proprietary lessees' association must register with the board by filing the annual report required by § 55.1-2182 of the Code of Virginia and file an annual report every year thereafter.