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  • FOR RELEASE: March 22, 2012
    CONTACT: Mary Broz Vaughan
    Director of Communications, Legislation & Consumer Education
    (804) 367-9142 or Mary.Broz-Vaughan@dpor.virginia.gov 


    Common Interest Community Management Company License Revocations

    Richmond – The Common Interest Community (CIC) Board revoked five Provisional Management Company licenses at its meeting Thursday, March 22. Below is a summary of the Board’s actions. Copies of file orders, including descriptions of the investigation and regulatory violations, are available under “License Lookup.”

    The CIC Board found each Provisional Management Company failed to submit evidence of annual proof of bonding/insurance, as required by law and regulation, and failed to respond to investigators.

    • VALUE PROPERTIES REAL ESTATE MANAGEMENT INC
      FAIRFAX

      File Number 2012-01309
      License No. 0502000159
    • EILEEN CARPENTER
      VIRGINIA BEACH

      File Number 2012-01310
      License No. 0502000121
    • DEBRA SIMPSON
      CLIFTON

      File Number 2012-01312
      License No. 0502000183
    • BAILEY AND COMPANY
      CHESTERFIELD

      File Number 2012-01314
      License No. 0502000140
    • APPALACHIAN MANAGEMENT & MAINTENANCE LLC
      BLACKSBURG

      File Number 2012-01313
      License No. 0502000094
       

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