Frederick County, VA HOA Rules: Assessment & Dues (2026)

14 spells out how a Frederick County POA must fund and account for the common areas it maintains. Every lot owner, including the developer, is assessed on an equal basis for the perpetuation and maintenance of required common elements for as long as that maintenance is needed, and the ordinance requires the assessments to be sufficient to actually cover the perpetuation and maintenance of the common areas and facilities, not just a nominal fee. Before any lot sells, the subdivider's sales contract must attach a consumer disclosure statement listing the POA's annual assessments alongside the approved bylaws, so a buyer knows the assessment obligation before closing.

Any POA that governs 20 or more lots carries two extra financial safeguards: it must hold a $1,000,000 liability insurance policy, and all of its funds must sit in interest-bearing escrow accounts approved by the Board of Directors, with a bonded treasurer who delivers annual statements and an annual budget. 2-2256, the Board of Directors or whatever managing professional collects the fees must give lot owners an annual report disclosing every fee collected and how those funds were spent. The county also keeps a maintenance backstop over how assessment money gets used: if a common area, easement or stormwater facility is neglected to the point of becoming a public health or safety danger, Frederick County can step in, do the necessary work, and recover the full cost from the owners.