The association shall keep financial records sufficiently detailed to enable the association to comply with § 55.1-2309. All financial and other records shall be made reasonably available for examination by any proprietary lessee and his authorized agents. The association shall maintain a record of any recorded lien at least as long as the lien remains effective.

Ask a real estate law question, get an answer ASAP!
Thousands of highly rated, verified real estate lawyers.
Specialties include: All Real Estate Law, Landlord and Tenant Law, Foreclosure, Homeowners' Association, Trespassing, Property Law, General Legal and more.
Click here to chat with a lawyer about your rights.

Terms Used In Virginia Code 55.1-2151

  • Lien: A claim against real or personal property in satisfaction of a debt.

1982, c. 277, § 55-474; 2019, c. 712; 2023, cc. 387, 388; 2024, cc. 55, 349.