Va. Code §55.1-1824
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Property Owners' Association Act — Assessments; Late Fees

Late-fee authority: unless the declaration provides otherwise, the board may impose a late fee not exceeding the penalty in §58.1-3915 for assessments unpaid 60 days past the due date.

Status Active
Effective Oct 1, 2019
Verified Jul 9, 2026
Source Official text

Reviewed · Virginia changes feed

Statutory Text Verified Aug 5, 2026 · OTHER
Virginia Law Code of Virginia Title 55.1. Property and Conveyances Chapter 18. Property Owners' Association Act 8/6/2026 § 55.1-1824 . Assessments; late fees. 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 .
Assessment
Ref Requirement
The cap on HOA late fees is whatever the state tax-penalty statute allows.
Legal references last verified July 9, 2026. This content is educational and informational. It does not constitute legal advice. Consult a licensed attorney in your state for legal guidance specific to your situation.
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