{"data":{"id":"us-va/va.-code-55.1-2172","jurisdiction":"us-va","citation":"Va. Code § 55.1-2172","heading":"Substantial completion of units","body":"In the case of a sale of a cooperative interest where delivery of a public offering statement is required, a contract of sale may be executed, but no interest in that cooperative interest may be conveyed, except pursuant to subsection B of § 55.1-2176, until the declaration is recorded and the unit that is a part of that cooperative interest is substantially completed, as evidenced by a recorded certificate of substantial completion executed by an independent, registered architect, surveyor, or engineer or by issuance of a certificate of occupancy authorized by law.1982, c. 277, § 55-495; 2019, c. 712.","path":["Title 55.1. Property and Conveyances","Subtitle IV. Common Interest Communities","Chapter 21. Virginia Real Estate Cooperative Act","Article 4. Protection of Cooperative Purchasers"],"source_url":"https://law.lis.virginia.gov/vacode/55.1-2172/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:17:29Z","sha256":"96f82fd448e317995ff5ff0aabde090d9b8222da5bea9468b9ce19217a78433e","source_id":"us-va","stale":true,"prev":"us-va/va.-code-55.1-2171","next":"us-va/va.-code-55.1-2173"},"notice":"GroundRules: Original legal text. Not legal advice."}