Are there restrictions on how much I can charge for guest parking in my condo complex?

Yes, there are restrictions on how much you can charge for guest parking in your condo complex in Virginia. In according to the Virginia Condominium Act, a condominium association can impose a reasonable fee for the use of the common area, including guest parking. The fee cannot exceed the actual cost of providing the parking space or fifteen dollars ($15.00) for a twenty-four (24) hour period. The condominium association can also set reasonable rules and regulations governing the use of the common area, including guest parking. Examples of these regulations include limits on the number of vehicles that can park in a certain area as well as the length of time a vehicle can remain in the area. These regulations should be set in writing by the association and provided to owners prior to taking effect. The Virginia Condominium Act also prohibits a condominium from charging a fee that is excessive or otherwise discriminatory. This means that all guest parking users must be charged the same fee regardless of their status as guests or residents. In conclusion, there are restrictions on how much you can charge for guest parking in your condo complex in Virginia. The fee cannot exceed the actual cost of providing the parking space or fifteen dollars for a twenty-four hour period. The condominium association can also set reasonable rules and regulations governing the use of the common area, and any fees must be applied equitably to all guest parking users.

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Are there restrictions on how much I can charge for guest parking in my condo complex?

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