18VAC48-60 Common Interest Community Board Management Information Fund Regulations

REGULATIONS

Vol. 32 Iss. 11 - January 25, 2016

TITLE 18. PROFESSIONAL AND OCCUPATIONAL LICENSING

COMMON INTEREST COMMUNITY BOARD

Chapter 60

Final Regulation

REGISTRAR'S NOTICE: The Common Interest Community Board is claiming an exemption from Article 2 of the Administrative Process Act in accordance with § 2.2-4006 A 6 of the Code of Virginia, which excludes regulations of the regulatory boards served by the Department of Professional and Occupational Regulation pursuant to Title 54.1 of the Code of Virginia that are limited to reducing fees charged to regulants and applicants. The Common Interest Community Board will receive, consider, and respond to petitions by any interested person at any time with respect to reconsideration or revision.

Title of Regulation: 18VAC48-60. Common Interest Community Board Management Information Fund Regulations (amending 18VAC48-60-60).

Statutory Authority: § 54.1-2349 of the Code of Virginia.

Effective Date: March 1, 2016.

Agency Contact: Trisha Henshaw, Executive Director, Common Interest Community Board, Department of Professional Regulation, 9960 Mayland Drive, Suite 400, Richmond, VA 23233, telephone [phone], FAX (866) 490-2723, or email [e-mail].

Summary:

The amendments extend an existing reduction in renewal fees for residential common interest community association registrations renewing on or before June 30, 2017, in order to continue the reduction of an accumulated surplus in the board's budget and to comply with § 54.1-113 of the Code of Virginia.

18VAC48-60-60. Registration fee.

The following fee schedule is based upon the size of each residential common interest community. The application fee is different than the annual renewal fee. All fees are nonrefundable.

Number of Lots/Units	Application Fee	Renewal Fee
1-50	$45	$30
51-100	$65	$50
101-200	$100	$80
201-500	$135	$115
501-1000	$145	$130
1001-5000	$165	$150
5001+	$180	$170

For annual renewal of a residential common interest community registration received on or before June 30, 2016 2017, the fee shall be $10 regardless of size.

VA.R. Doc. No. R16-4607; Filed January 4, 2016, 9:55 a.m.