Statute Amended To Permit Late Fees
By EsqSocial Corporation 21/11/13
Section 55-79.83 of the Virginia Condominium Act was amended in the 2013 legislative session to permit condominium associations to impose late fees of up to 5 percent for assessments that are not paid within 60 days of the due date, unless the...
By: Ballard Spahr LLP