{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/55.1-2020.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/55.1-2020.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/55.1-2020.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/55.1-2020.html"}],"law_id":369521,"edition_id":2,"section_id":369521,"structure_id":52645,"section_number":"55.1-2020","catch_line":"Deposits to be held in escrow","history":"1973, c. 375, \u00a7 55-79.21:1; 2019, c. 712.","full_text":"Any deposit made with a reservation to purchase or a contract to purchase shall be held in escrow in a separate fund for such deposits designated as such until the deed for which a deposit was made is delivered to the depositor.\n\n","order_by":null,"text":{"0":{"id":1378350,"text":"Any deposit made with a reservation to purchase or a contract to purchase shall be held in escrow in a separate fund for such deposits designated as such until the deed for which a deposit was made is delivered to the depositor.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":52645,"edition_id":2,"name":"Protection of Purchasers","identifier":"4","label":"article","depth":4,"order_by":4,"parent_id":52641,"metadata":{"child_laws":1,"child_structures":0},"date_created":"2026-08-02 03:02:20","date_modified":"2026-08-02 12:35:29","permalink":{"id":1474105,"object_type":"structure","relational_id":52645,"identifier":"4","token":"55.1\/IV\/20\/4","url":"\/55.1\/IV\/20\/4\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52641,"edition_id":2,"name":"Horizontal Property Act","identifier":"20","label":"chapter","depth":3,"order_by":3,"parent_id":52629,"metadata":{"child_laws":21,"child_structures":4},"date_created":"2026-08-02 03:02:17","date_modified":"2026-08-02 12:35:29","permalink":{"id":1474017,"object_type":"structure","relational_id":52641,"identifier":"20","token":"55.1\/IV\/20","url":"\/55.1\/IV\/20\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52629,"edition_id":2,"name":"Common Interest Communities","identifier":"IV","label":"subtitle","depth":2,"order_by":4,"parent_id":52600,"metadata":{"child_laws":309,"child_structures":30},"date_created":"2026-08-02 03:01:58","date_modified":"2026-08-02 12:35:28","permalink":{"id":1473475,"object_type":"structure","relational_id":52629,"identifier":"IV","token":"55.1\/IV","url":"\/55.1\/IV\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52600,"edition_id":2,"name":"Property and Conveyances","identifier":"55.1","label":"title","depth":1,"order_by":120,"parent_id":null,"metadata":{"child_laws":875,"child_structures":101},"date_created":"2026-08-02 03:01:36","date_modified":"2026-08-02 12:35:20","permalink":{"id":1471771,"object_type":"structure","relational_id":52600,"identifier":"55.1","token":"55.1","url":"\/55.1\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":369521,"structure_id":52645,"section_number":"55.1-2020","catch_line":"Deposits to be held in escrow","url":"\/55.1-2020\/","token":"55.1\/IV\/20\/4\/55.1-2020","metadata":false}],"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/55.1-2020\/","history_text":"<p>This law was first created in 1973. The record of its establishment is cataloged in chapter 375 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1973 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2019, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?191+ful+CHAP0712\">712<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1474107,"object_type":"law","relational_id":369521,"identifier":"55.1-2020","token":"55.1\/IV\/20\/4\/55.1-2020","url":"\/55.1-2020\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/55.1-2020\/","token":"55.1\/IV\/20\/4\/55.1-2020","dublin_core":{"Title":"Deposits to be held in escrow","Type":"Text","Format":"text\/html","Identifier":"\u00a7 55.1-2020","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any deposit made with a reservation to purchase or a <span class=\"dictionary\">contract<\/span> to purchase shall be held in escrow in a separate fund for such deposits designated as such until the deed for which a deposit was made is delivered to the depositor.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nDEPOSITS TO BE HELD IN ESCROW (\u00a7 55.1-2020)\n\nAny deposit made with a reservation to purchase or a contract to purchase shall\nbe held in escrow in a separate fund for such deposits designated as such until\nthe deed for which a deposit was made is delivered to the depositor.\n\nHISTORY: 1973, c. 375, \u00a7 55-79.21:1; 2019, c. 712.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}