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With the passage of House Bill 2235 and its companion, Senate Bill 1222, the Virginia General Assembly enacted the Resale Disclosure Act (Va. Code §55.1-2307, et seq.), which will become effective on July 1, 2023. A product of years of collaboration between CAI's Virginia Legislative Action Committee and the Virginia Association of Realtors, this legislation removes the resale provisions from the Virginia Property Owners' Association Act, the Virginia Condominium Act and the Virginia Real Estate Cooperative Act and merges them to create the new Resale Disclosure Act.

This program will focus on the changes and clarifications made by the legislation pertaining to the language and terms of disclosure, the statements to be included in resale certificates, the form to be developed by the CICB, and the payment of fees for the resale certificates, to name a few. Time permitting, this program will also provide an update of recent relevant case law resulting from the Virginia Court of Appeals' new jurisdiction over civil appeals and coming out of the Supreme Court of Virginia.

*Attendance of this event counts for one hour of Continuing Education Credit towards your CMCA recertification*


  • Jerry Wright (Attorney at Chadwick Washington Moriarty Elmore & Bunn P.C.)

    Jerry Wright

    Attorney at Chadwick Washington Moriarty Elmore & Bunn P.C.

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