§ 25-302. Management of open space by property owners' association.

(a)

There shall be established a nonprofit association, a stock or membership corporation, trust or foundation of all individuals or corporations owning residential property within the planned unit development to ensure maintenance of open spaces.

(b)

When the open space is to be maintained through a nonprofit association, corporation, trust or foundation, said organization shall conform to the following requirements:

(1)

The developer must establish the organization prior to the sale of any lots.

(2)

The membership in the organization shall be mandatory for all residential property owners, present or future, within the planned development, and said organization shall not discriminate in its members or shareholders.

(3)

The organization shall manage all open space and recreational and cultural facilities; shall provide for the maintenance, administration and operation of said land and improvements, and any other land within the planned community; and shall secure adequate liability insurance on the land.

(4)

The organization shall conform to the Condominium Act, sections 55-79.39 through 55-79.103, Code of Virginia, 1950, as amended to date.

(Ord. of 5-25-88)

(Ord. of 5-25-88)