Property Ownership
In Virginia, a condominium conversion that results in residents being displaced must comply with:
AOnly state building codes
BThe Virginia Condominium Act's notice requirements, including 120 days' notice to tenants✓ Correct
CVREB displacement rules
DFederal HUD conversion standards only
Explanation
The Virginia Condominium Act requires that tenants in buildings being converted to condominiums receive at least 120 days' notice, a right of first refusal to purchase their unit, and relocation assistance in some cases.
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