Code of Virginia - Title 55 Property And Conveyances - Section 55-438 Creation of cooperative ownership

§ 55-438. Creation of cooperative ownership

A cooperative may be created pursuant to this chapter only by recording a declaration executed in the same manner as a deed, and by conveying to the association the real estate subject to that declaration. The declaration must be recorded in every city or county in which any portion of the cooperative is located, and must be indexed in the grantee's index in the name of the cooperative and the association and in the grantor's index in the name of each person executing the declaration.

(1982, c. 277.)

Sections:  Previous  55-431  55-432  55-433  55-434  55-435  55-436  55-437  55-438  55-439  55-440  55-441  55-442  55-443  55-444  55-445  Next

Last modified: April 3, 2009