Notice is hereby given in accordance with § 2.2-4007.01 of the Code of Virginia that the Common Interest Community Board intends to consider promulgating the following regulations: 18VAC48-20, Condominium Regulations. The purpose of the proposed action is to establish the requirements for registration of condominium projects by the Common Interest Community Board. The condominium regulations were previously under the purview of the Real Estate Board and this regulatory action will transfer the regulations to the Common Interest Community Board. The only substantial change is that references to the Horizontal Property Act will be removed because § 55-79.2 of the Code of Virginia defines “Board” as the Real Estate Board. Therefore, horizontal property regimes will continue under the purview of the Real Estate Board until such time as this Act is amended.

The agency intends to hold a public hearing on the proposed action after publication in the Virginia Register.

Statutory Authority: §§ 54.1-201, 54.1-2349 and 55-79.98 of the Code of Virginia.

Public Comments: Public comments will be received until 5 p.m. on December 10, 2008.

Agency Contact: Trisha Henshaw, Executive Director, Common Interest Community Board, 9960 Mayland Drive, Suite 400, Richmond, VA 23233, telephone (804) 367-0362, FAX (804) 367-4297, or email cic@dpor.virginia.gov.