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2012 SESSION

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HB 1213 Virginia Condominium Act; removes cap on charges that unit owners' association may assess.

Introduced by: James M. Scott | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Condominium Act; assessment of charges for violations; lien for assessments.  Removes the cap on charges that a unit owners' association may assess against any unit for a violation of the condominium instruments or rules or regulations. Currently such charges are limited to $50 for a single offense and $10 per day for up to 90 days for any offense of a continuing nature. Under the bill, such charges must be reasonable in consideration of the seriousness of the violation and the history of previous violations. The bill authorizes the unit owners' association to file a lien on a condominium unit for current and future unpaid assessments.


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