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On April 27, 2022, the Virginia General Assembly passed Senate Bill 550, which makes "pay when paid" and "pay if paid" clauses unenforceable in most circumstances and requires both public and private construction contracts to include certain payment clauses that obligate the contractors to be liable for the entire amount owed to any subcontractor with which it contracts. The requirements below will apply to all future public and private construction contracts executed on and after January [...]

LOCKOUTS Can I be locked out of my home for failing to pay rent during the COVID-19 pandemic? Maybe.   Whether you can qualify for protection from eviction depends on your household income and your completion of a sworn certification. On August 4, 2021, the Governor signed a new law and issued Executive Order 249.  Here's how they work: Who Is Eligible? The new law protects certain tenants from eviction based on nonpayment of rent, habitual late payment of rent, [...]

The sweeping economic sanctions spawned by Russia's invasion of Ukraine impact co-op and condo operations in terms of admissions and collection procedures and the administration of certain services to building residents. This is because conducting business with foreign nationals or entities who are subject to the sanctions could expose an association to enforcement proceedings by the United States Treasury Department. By way of background, by Executive Order 14066 of March 8, 2022, President Biden recognized [...]