Follow-up to reviewing Financial Records
Question: In this post you cited Virgina Code 55-79.74:1 re charging owners for copies of records, etc. My questions pertains to Virginia Code Section 55.79.75 which states in part "...Unless otherwise exempt as relating to an executive session pursuant to subsection C, at least one copy of all agenda packets and materials furnished to the members of the executive organ or subcommittee or other committee thereof for a meeting shall be made available for inspection by the membership of the unit owners' association at the same time such documents are furnished to the members of the executive organ..." I am being told by the management company that we "members of the community" have to pay for that. My reading of Act does not say that. Clearly, if the drafters of the Act wanted the members to pay for the materials, they wold have said for or referenced 55.79.74. What is you opinion on this?
Answer: I do not believe that the provision you cite exempts members from paying for copies of the materials. It is really intended to address the timing of availability and inspection. You have they right to review and examine the materials at the management office, except those items which are part of any executive session agenda, as soon as they are available to the Board. But if you also want a copy of the materials you may be charged as you would for copies of any other Association document.