Virginia HOA laws
What Virginia asks of your association
By OurHOA · General reference
Virginia HOAs are governed by the Property Owners' Association Act, Va. Code §55.1-1800 and following. It covers open board meetings, member access to records, assessments, and a required periodic reserve study.
Meetings
Board of directors meetings
Va. Code §55.1-1816Hold board meetings open to members as provided, with notice; only limited matters may be taken into closed session.
Records
Access to association records
Va. Code §55.1-1815Make association books and records available to members for examination and copying, with the required meeting notice.
Financial
Assessments & late fees
Va. Code §55.1-1824Levy assessments as authorized by the declaration; late fees and interest are limited by statute.
Annual budget & reserve study
Va. Code §55.1-1826Adopt an annual budget and conduct a reserve study at least every five years for capital components.
Source: Virginia Law - Code of Virginia (law.lis.virginia.gov). Use the cited sections to locate the relevant provisions in the official source and confirm the current text and its applicability.
This is general information to help boards get oriented, not legal advice. HOA statutes change and courts interpret them differently case to case. Confirm specifics with your association's attorney before acting.
Keep board records and tasks together
Use OurHOA to organize community work. Your board remains responsible for identifying applicable requirements and deadlines.