SB 746 VA Introduced
Property Owners' Association Act; operation and management of assoc., condemnation of common area.
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Summary
Property Owners' Association Act; operation and management of association; condemnation of common area; procedure. Requires consideration of the physical characteristics of a property owners' association's common area land when determining such land's highest and best use for purposes of valuing the property for award or payment for such land in a condemnation proceeding after the common area land is taken or damaged under the power of eminent domain.
Sponsor (1)
- Tara A. Durant Republican · primary
Action history (4)
- Jan 19, 2026 Presented and ordered printed 26105665D · upper
- Jan 19, 2026 Referred to Committee for Courts of Justice · upper
- Feb 2, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB746) · upper
- Feb 11, 2026 Continued to next session in Courts of Justice (15-Y 0-N) · upper
Text versions (2)
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