VA HB 202
in committeeSingle-family-homes; prohibited acquisition, civil penalty.
Virginia · 2026 Regular Session · lower
Description
Prohibited acquisition of single-family homes; affidavit; civil penalty. Restricts any partnership, corporation, or real estate investment trust that manages funds pooled from investors, is a fiduciary to such investors, has net value or assets under management on any day during a taxable year, and holds an interest in more than 50 single-family homes from acquiring any interest in any other single-family home, as defined in the bill to include manufactured home parks and residential single-family homes split into multiple dwellings, on or after July 1, 2026. The bill also requires an offering purchaser of a manufactured home park to provide a notarized affidavit certifying that the purchaser is not prohibited from acquiring such an interest. Any false statements on such affidavit is subject to a civil penalty of up to $10,000 per occurrence.
- Introduced
- 2026-01-07
- Status date
- —
- Latest action
- 2026-02-18 — Left in Committee Courts of Justice
- Bill type
- bill
- Last updated
- —
Sponsors
- Timothy P. Griffinprimary
Committees
Not provided by source.
Action timeline
2026-01-07
Prefiled and ordered printed; Offered 01-14-2026 26100172D
filing,introduction
2026-01-07
Referred to Committee for Courts of Justice
referral-committee
2026-01-22
Assigned HCJ sub: Civil
referral-committee
2026-01-26
Fiscal Impact Statement from Department of Planning and Budget (HB202)
2026-01-30
Subcommittee recommends striking from the docket (7-Y 0-N)
2026-02-18
Left in Committee Courts of Justice
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Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:35:59.552682Z
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