                                 CODE OF VIRGINIA

WHEN CERTAIN CASH PROFFERS COLLECTED OR ACCEPTED (§ 15.2-2303.1:1)

A. Notwithstanding the provisions of any cash proffer requested, offered, or
accepted pursuant to &#xA7; 15.2-2298, 15.2-2303, or 15.2-2303.1 for residential
construction on a per-dwelling unit or per-home basis, cash payment made
pursuant to such a cash proffer shall be collected or accepted by any locality
only after completion of the final inspection and prior to the time of the
issuance of any certificate of occupancy for the subject property.

B. Notwithstanding the provisions of any proffer to the contrary, the assertion
of a right to delayed payment of cash proffers pursuant to this section shall
not constitute cause for any action pursuant to &#xA7; 15.2-2299.

C. In addition to any other relief provided, the court may award reasonable
attorney fees, expenses, and court costs to any person, group, or entity that
prevails in an action successfully challenging an ordinance, administrative or
other action as being in conflict with this section.

HISTORY: 2010, cc. 549, 613; 2011, c. 173; 2012, cc. 508, 798; 2015, c. 346.