Tag Archives: commonwealth of virginia
Renovating an Historic Home? The Commonwealth of Virginia wants to Give you Money.
Frankly, as an architect who has specialized in building rehabilitation, renovation, restoration, and repair for nigh on 22 years, I share a sentiment that pervades the historic preservation community, including the staff at the Commonwealth Department of Historic Resources: This is free money.
…The house must be a) listed on the Virginia Landmarks Register or b) a “contributing structure” to a Virginia Landmarks Register District or c) judged “register eligible.” … If Landmark District designation is officially pending, and your house is listed as contributing to that District, you may proceed with your rehabilitation project. … Oh, if, at any point during this process, you cannot resist the urge to paint your house lime green, or international orange, or white with red polka dots, there’s no rule or regulation or tax credit standard that will stop you from doing so.
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New Disclosure Form and No Texting
Both new laws are consequential, both for vastly different reasons, and both affect Realtors (and consumers) in Virginia.
First, The Residential Property Disclosure Act:
Virginia Residential Property Disclosure Act; disclosure of stormwater detention facilities. Provides that an owner of real property makes no representations with respect to the presence of any stormwater detention facilities located on the property and that purchasers are advised to exercise whatever due diligence they deem necessary to determine the presence of any stormwater detention facilities on the property, in accordance with terms and conditions as may be contained in the real estate purchase contract,
