CODE OF VIRGINIA

BOARD MAY ACCEPT DEDICATION OF RIGHTS TO DEVELOP REAL PROPERTY (§ 15.2-750)

The board, in addition to any other zoning powers granted by general or special
law, may include a provision for the dedication of density or other rights to
develop real property, as defined by the locality, from one or more parcels of
property that are not the subject of a development application and are located
in the locality to one or more parcels of property that are the subject of a
development application and are located elsewhere in the locality. Such
dedication shall be subject to such terms as may be provided by zoning
regulations, the conditions of a special use permit or special exception, or the
proffered conditions of a rezoning application, including that the terms are
binding on the owners of such property and on their successors and assigns.

HISTORY: 2005, c. 755.