Creation, Alteration And Termination Of Cooperatives
This is Article 2 of the Code of Virginia, titled “Creation, Alteration And Termination Of Cooperatives.” It is part of Title 55, titled “Property And Conveyances.” It is part of Chapter 24, titled “Virginia Real Estate Cooperative Act.” It’s comprised of the following 20 sections.
- § 55-438
- Creation of cooperative ownership
- § 55-439
- Unit boundaries
- § 55-440
- Construction and validity of declaration and bylaws
- § 55-441
- Description of units
- § 55-442
- Contents of declaration
- § 55-443
- Leasehold cooperatives
- § 55-444
- Allocation of ownership interests, votes and common expense liabilities
- § 55-445
- Limited common elements
- § 55-446
- Exercise of development rights
- § 55-447
- Alterations of units
- § 55-448
- Relocation of boundaries between adjoining units
- § 55-449
- Subdivision of units
- § 55-450
- Easement for encroachments
- § 55-451
- Use for sales purposes
- § 55-452
- Easement rights
- § 55-453
- Amendment of declaration
- § 55-454
- Termination of cooperative ownership
- § 55-455
- Rights of secured lenders
- § 55-456
- Master associations
- § 55-457
- Merger or consolidation of cooperatives