Legal Question in Real Estate Law in Virginia
Not Accepting Cash Payments for Rent
I recently took my NALP and learned that if we as landlords refuse to take a tennants rental payment, simply because it is in cash, that tennant could legally not have to pay rent for that month because we refused to take her payment. what i am trying to find out is where would such a ''law'' be so that i could bring this to my company's attention. can we legally refuse to take cash as payment?
Asked on 11/01/02, 9:39 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: Not Accepting Cash Payments for Rent
You may find it in one of the provisions of the Virginia Residential Landlord Tenant Act(VRLTA),
which is codified in S55-248.2-248.40 in the
Virginia Code.(Available online.)
Answered on 11/16/02, 1:18 am