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§ 55.1-2300. Definitions

As used in this chapter, unless the context requires a different meaning: “Agent” means any person who represents or acts for or on behalf of a developer in the disposition of any lot in a subdivision, but does not include an attorney whose representation of another person consists solely of rendering legal services. “Blanket encumbrance” […]

§ 55.1-2301. Exemptions

Unless the method of disposition is adopted for the purposes of evasion of this chapter, the provisions of this chapter shall not apply to: 1. The sale of a subdivision to a single purchaser for his own account in a single or isolated transaction; 2. The disposition of lots in a subdivision if each lot […]

§ 55.1-2302. Transfer of ownership

It is unlawful for the developer to transfer fee simple ownership of a lot or parcel within a subdivision to a purchaser by any other means than by a general or special warranty deed or other deed complying with Chapter 3 (§ 55.1-300 et seq.). 1978, c. 510, § 55-341; 2019, c. 712.

§ 55.1-2303. Blanket encumbrances

A. It is unlawful for any developer or agent to sell or lease a lot in a subdivision that is subject to a blanket encumbrance unless the blanket encumbrance or effective supplemental agreement contains a release provision permitting legal title to individual lots or other interest contracted for to be obtained free and clear of […]

§ 55.1-2304. Restraints on alienation

Provided that selling or leasing a lot is not specifically prohibited by recorded covenant, it is unlawful to restrain the owner of a lot in a subdivision from offering such lot for sale or lease or from selling or leasing such lot. Any deed restriction or recorded covenant that creates a right of first refusal […]

§ 55.1-2306. Penalties

Any person violating any of the provisions of §§ 55.1-2302 through 55.1-2305 is guilty of a Class 2 misdemeanor. At the discretion of the court, any imprisonment may run concurrently with imprisonment imposed by any court for violation of any law similar to the provisions of this chapter. 1978, c. 510, § 55-347; 1979, c. […]