We have prepared this notice to sensitize you to a recent decision by the Virginia Supreme Court that reduces the level of enforceability of certain provisions that are found in association design standards and rules and regulations adopted by Boards of Directors. Specifically, in a case called Sainani v. Belmont Glen Homeowners Association, the Virginia Supreme Court ruled against an association that was attempting to enforce the association’s seasonal holiday decoration standards.
The Virginia Legislature approved the renumbering of several sections of the Virginia Code, including the Property Owners’ Association Act, the Condominium Act, and the Common Interest Community Management Act.
Starting October 1, 2019, the numbers of the code sections will officially change. You will notice updated references in liens and lawsuits being sent to you for signature.
Due to the relatively high prices of condominiums in the Washington DC, Virginia, and Maryland areas, FHA financing has always played a big part in the condominium market. Interesting fact, the mortgage limits for FHA jumbo loans in the DC metro area and other jurisdictions in VA and MD can be as high as $726,525 for fiscal year 2019. However, the FHA condominium approval process and the regulations that guide it are constantly changing.
The Fairfax Board of Supervisors voted on July 31, 2018 to permit short term rentals within the County.
SHORT-TERM RENTALS will be allowed in single-family homes, townhouses, condos, mobile homes and apartments. Per the Fairfax County website, the rules are:
Owners or renters must be permanent residents of the property they offer for short-term lodging. This limitation is to prevent businesses from operating multiple, full-time rentals, like a hotel or motel, in residential neighborhoods.
Rees Broome, PC is proud to announce that Ursula Koenig Burgess, a Shareholder with the firm, was selected to be the 2019 President-elect of the Community Associations Institute, an international organization with over 37,000 members devoted to serving, supporting, and educating community association board members, managers and business partners. Ursula will serve as President-elect for 2019 and then as President in 2020.
Rees Broome, PC invites Board members and industry professionals to attend a 1-hour luncheon and presentation discussing the 2018 Virginia Legislative Update on Tuesday, June 19, 2018 at 12pm at our Tysons Corner, VA office.
Virginia CICB Manager Training - Wed., May 23, 2018
May 17, 2018
Rees Broome, PC is pleased to provide the following Virginia Common Interest Community Board approved training course for common interest community managers:
Fair Housing for Common Interest Community Managers - 2.0 hours
Wednesday, May 23, 2018, 12:00 p.m. - 2:00 p.m.
Rees Broome, PC
1900 Gallows Road, Suite 700
Tysons Corner, VA 22182