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During the 2008 regular session, the Virginia General Assembly passed legislation (HB 837) which required the Virginia Real Estate Board (VREB) to update the Residential Property Disclosure form to reflect a statutory notice requirement concerning dam break inundation zones. The change, effective this month, is found in the first paragraph on page 2.
Advocacy
July 2008 Archives
VAR successfully lobbied for major revisions to the laws governing Property Owners Associations, Home Owners Associations and Condominium Owners Associations during the 2008 General Assembly session. On June 20, Lem Marshall, VAR's special counsel, led an interactive webcast summarizing changes to the law. Thank you to Charles Fincher, Monarch Title for providing brunch at DAAR's Leeburg office and thanks to RGS Title for providing brunch at the Long & Foster Sterling office, our second Podcast location. A special thanks to Gwen Pangle for coordinating the Long & Foster location.
In addition, please visit www.VARealtor.com/StandardForms for updated versions of VAR Form 610 (Request for Property Owners' Association Disclosure Packet) and Form 615 (Request for Condominium Association Resale Certificate). The updates reflect the new law enabling sellers or their agents to request electronic delivery of disclosure and resale packets from property owners' or condominium associations,
July 9, 2008
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In today's competitive market, you may have an advantage if you understand Loudoun County's zoning ordinance, sign requirements and recent changes to the rural policy area. Michele Lohr, Rural Planner with Loudoun County's Department of Building and Development spoke to members about zoning changes and rules during DAAR's monthly Lunch and Learn in May 2008. For a copy of her presentation, click here. DAAR would like to thank Scott Davis, Holly Davis and Greg Brown of Suntrust Mortgage for sponsoring the event.
