Tuesday, February 18, 2014

Virginia’s legislature is poised to pass a bill that would allow homeowners associations to charge fines

"Virginia’s legislature is poised to pass a bill that would allow homeowners associations to charge fines not laid out in their declarations. . . .

"On Monday, a Senate committee approved a bill that would allow such fines for violations of an association’s rules as long as the declaration does not explicitly ban them. Under another, such fines are limited to $10 each day of a violation for 90 days or a one-time $50 charge. The bill would require that “a reasonable opportunity” to correct the violation be given as well as a hearing before the association board."

Also see "The Virginia HOA Power Grab"

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