Condominium and Property Owners' Association Acts; imposition of late fees on assessments. (HB418)
Introduced By
Del. Vivian Watts (D-Annandale) with support from co-patron Del. Jim Scott (D-Merrifield)
Progress
√ |
Introduced |
√ |
Passed Committee |
√ |
Passed House |
X |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Condominium and Property Owners' Association Acts; assessments; imposition of late fees. Authorizes condominium and property owners' associations to impose a late fee of not more that $15 on any regular or special assessment levied that is not paid on the due date for payment of such assessment. Amends § 55-79.83 (“Liability for common expenses.”), of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
View Bill's History
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