Virginia § 55.1-2158 - Public offering statement; cooperatives containing conversion building
Full text of Virginia Code of Virginia § 55.1-2158 — Public offering statement; cooperatives containing conversion building, with citation guidance and answers to common questions.
§ 55.1-2158. Public offering statement; cooperatives containing conversion building
A. In addition to the information required by § 55.1-2155, the public offering statement of a cooperative containing any conversion building shall contain:
1. A statement by the declarant, based on a report prepared by an independent, registered architect or engineer, describing the present condition of all structural components and mechanical and electrical installations material to the use and enjoyment of the building;
2. A statement by the declarant of the expected useful life of each item reported on in subdivision 1, or a statement that no representations are made in that regard; and
3. A list of any outstanding notices of uncured violations of building code or other municipal regulations, together with the estimated cost of curing those violations.
B. This section applies only to buildings containing units that may be occupied for residential use.
1982, c. 277, § 55-481; 2019, c. 712.
Frequently Asked Questions About Virginia § 55.1-2158
What does Code of Virginia § 55.1-2158 cover?
Section 55.1-2158 ("Public offering statement; cooperatives containing conversion building") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 55.1-2158?
A common citation format is "Code of Virginia § 55.1-2158" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 55.1-2158 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.