The Sussex Square Homeowners Association in Henrico, VA relies on homeowner fees to maintain the neighborhood according to the commitments spelled out in our governing documents. Our 2024 and 2025 fees are listed here.
| FEE | 2024 | 2025 |
| Monthly Assessment | $450 Due on the first of each month, and assessed a 10% late fee if not received by close of business on the 10th of the month | $460 Due on the first of each month, and assessed a 10% late fee if not received by close of business on the 10th of the month |
| Special/Additional Assessment | $300 Special assessment for capital improvement project | $6,300, due over 3 years Additional assessment for roads rebuild, drainage remediation, roof replacements June 1, 2025: $2,100 June 1, 2026: $2,100 June 1, 2027: $2,100 |
| Preparation of Resale Certificate | $100 | $100 |
| Inspection for Resale Certificate | $50 | $50 |
| Additional Copy – Resale Agreement | $25 | $25 |
| Packet Update/Financial | $50 | $50 |
| Capitalization Fee | $1,800 The capitalization fee, due at closing, is equal to one-third the annual, or four months’, regular assessment | $1,840 The capitalization fee, due at closing, is equal to one-third the annual, or four months’, regular assessment |
| Record Requests | Office supply store going rate, plus IRS mileage to and from office supply store, plus $20/hour for redaction review, plus applicable attorney fees | Office supply store going rate, plus IRS mileage to and from office supply store, plus $20/hour for redaction review, plus applicable attorney fees |
| Sussex Square Services, Inc., Board-Sponsored Events | Various at point of RSVP to event | Various at point of RSVP to event |