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HB1506Introduced in the House of Delegates

Condominiums and Homeowners Associations - New Owner Fees - Limitations

EngrossedSenate Judicial Proceedings

Introduced by Kim Ross, District 8

What does this bill do?

Plain-English breakdown

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Official description

Limiting the amount that a condominium or homeowners association may charge a new unit or lot owner, other than an initial unit or lot owner, as an initial capital contribution or similar fee paid by the new owner at closing to be not more than three times the amount of monthly assessments paid by an existing unit or lot owner at the time of the closing; requiring certain documents to include certain fees; exempting certain condominiums and homeowner associations from a limit on a certain initial capital contribution or similar fee; etc.

Where it stands

Hearing 4/03 at 1:00 p.m.

March 25, 2026

How did lawmakers vote?

House of DelegatesStage: Third Reading Passed · March 23, 2026

136

Yes

0

No

5

Absent or Not Voting

141 delegates recorded in this House of Delegates vote. Colors show vote categories only, not whether a vote was good or bad.

See how each delegate voted

Bill history

  1. First Reading Economic Matters

  2. Hearing 3/12 at 1:00 p.m.

  3. Favorable with Amendments Report by Economic Matters

  4. Favorable with Amendments {373928/1 Adopted

  5. Second Reading Passed with Amendments

  6. Third Reading Passed (136-0)

  7. Referred Judicial Proceedings

  8. Hearing 4/03 at 1:00 p.m.

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