Except to the extent that the declaration or any rules or regulations promulgated pursuant to such declaration provide otherwise, the board may impose a late fee that does not exceed the penalty provided in § 58.1-3915 for any assessment or installment that is not paid within 60 days of the due date for payment of such assessment.
2013, c. 256, § 55-513.3; 2014, c. 239; 2019, c. 712.
Structure Code of Virginia
Title 55.1 - Property and Conveyances
Chapter 18 - Property Owners' Association Act
§ 55.1-1803. Limitation on certain contracts and leases by declarant
§ 55.1-1804. Documents to be provided by declarant upon transfer of control
§ 55.1-1805. Association charges
§ 55.1-1807. Statement of lot owner rights
§ 55.1-1808. Contract disclosure statement; right of cancellation
§ 55.1-1809. Contents of association disclosure packet; delivery of packet
§ 55.1-1810. Fees for disclosure packet; professionally managed associations
§ 55.1-1811. Fees for disclosure packet; associations not professionally managed
§ 55.1-1812. Properties subject to more than one declaration
§ 55.1-1813. Requests by settlement agents
§ 55.1-1814. Exceptions to disclosure requirements
§ 55.1-1815. Access to association records; association meetings; notice
§ 55.1-1816. Meetings of the board of directors
§ 55.1-1817. Distribution of information by members
§ 55.1-1818. Common areas; notice of pesticide application
§ 55.1-1819. Adoption and enforcement of rules
§ 55.1-1819.1. Limitation of smoking in development
§ 55.1-1820.1. Installation of solar energy collection devices
§ 55.1-1821. Home-based businesses permitted; compliance with local ordinances
§ 55.1-1822. Use of for sale signs in connection with sale
§ 55.1-1823. Designation of authorized representative
§ 55.1-1823.1. Electric vehicle charging stations permitted
§ 55.1-1824. Assessments; late fees
§ 55.1-1825. Authority to levy special assessments
§ 55.1-1826. Annual budget; reserves for capital components
§ 55.1-1827. Deposit of funds; fidelity bond
§ 55.1-1828. Compliance with declaration
§ 55.1-1829. Amendment to declaration and bylaws; consent of mortgagee
§ 55.1-1830. Validity of declaration; corrective amendments
§ 55.1-1831. Reformation of declaration; judicial procedure
§ 55.1-1832. Use of technology
§ 55.1-1833. Lien for assessments
§ 55.1-1834. Notice of sale under deed of trust