Common Interest Community Board; disclosure packets, registration of associations.

Requires the Common Interest Community Board to include information specifying the period or length of declarant control in its current one-page form that accompanies association disclosure packets that are required to be provided to all prospective purchasers of lots located within a development that is subject to the Virginia Property Owners' Association Act. With a delayed effective date of July 1, 2019, the bill also requires, unless control of the association of the development has been transferred to the members, that the developer register the association with the Common Interest Community Board within 30 days after recordation of the declaration and file required reports thereafter.