Road Maintenance Agreements—Legal Podcast
This week, the Virginia REALTORS®’s legal team discusses Road Maintenance Agreements. Laura and Jon talk about the Property Owners’ Association Act and its requirements, and then take a closer look at Road Maintenance Agreements and whether they must be disclosed to prospective buyers. They answer some legal hotline questions, such as “If the current owners have a verbal agreement to chip in whenever the common driveway needs repair, is there anything I need to disclose?” Finally, Laura and Jon discuss some ways to limit your risk when buying or selling a property subject to a Road Maintenance Agreement.