States / Virginia / HB 1196

HB 1196 In Committee

Property Owners' Association Act; operation and management of assoc., condemnation of common area.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
House
Introduced
Jan 14, 2026
Last action
Jul 21, 2026 — Continued from last session
Session
2027
Momentum
41 · Moderate