Virginia HOA laws
What Virginia asks of your association
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). Citations link to the official statute - always confirm against the current text.
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.
Stay compliant in Virginia without the spreadsheet
OurHOA tracks these requirements for your community and reminds the board before each deadline. Start free in five minutes.