{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/55.1-3000.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/55.1-3000.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/55.1-3000.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/55.1-3000.html"}],"law_id":369839,"edition_id":2,"section_id":369839,"structure_id":52681,"section_number":"55.1-3000","catch_line":"Definitions","history":"2019, c. 511, \u00a7 55-252.1.","full_text":"As used in this chapter, unless the context requires a different meaning:\n\n&#8220;Notice&#8221; means notice given in writing by either regular mail or hand delivery, with the sender retaining sufficient proof of having given such notice in the form of a certificate of service confirming such mailing or hand delivery prepared by the sender.\n\n&#8220;Option payment&#8221; means the amount paid by the purchaser in a residential executory real estate contract in exchange for the right to purchase the property that is the subject of such contract at a specific price within a specified time.\n\n&#8220;Purchaser&#8221; means a person who enters into a residential executory real estate contract.\n\n&#8220;Residential executory real estate contract&#8221; means an installment land contract, lease option contract, or rent-to-own contract by which a purchaser acquires any right or interest in real property other than a right of first refusal and occupies or intends to occupy the property as his primary residence.\n\n&#8220;Vendor&#8221; means the person who sells, or proposes to sell, real property under a residential executory real estate contract.\n\n","order_by":null,"text":{"0":{"id":1379807,"text":"As used in this chapter, unless the context requires a different meaning:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":""},"1":{"id":1379808,"text":"&#8220;Notice&#8221; means notice given in writing by either regular mail or hand delivery, with the sender retaining sufficient proof of having given such notice in the form of a certificate of service confirming such mailing or hand delivery prepared by the sender.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":"","next_prefix":""},"2":{"id":1379809,"text":"&#8220;Option payment&#8221; means the amount paid by the purchaser in a residential executory real estate contract in exchange for the right to purchase the property that is the subject of such contract at a specific price within a specified time.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":"","next_prefix":""},"3":{"id":1379810,"text":"&#8220;Purchaser&#8221; means a person who enters into a residential executory real estate contract.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":"","next_prefix":""},"4":{"id":1379811,"text":"&#8220;Residential executory real estate contract&#8221; means an installment land contract, lease option contract, or rent-to-own contract by which a purchaser acquires any right or interest in real property other than a right of first refusal and occupies or intends to occupy the property as his primary residence.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":"","next_prefix":""},"5":{"id":1379812,"text":"&#8220;Vendor&#8221; means the person who sells, or proposes to sell, real property under a residential executory real estate contract.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":""}},"ancestry":[{"id":52681,"edition_id":2,"name":"Residential Executory Real Estate Contracts Act","identifier":"30","label":"chapter","depth":3,"order_by":7,"parent_id":52661,"metadata":{"child_laws":4,"child_structures":0},"date_created":"2026-08-02 03:02:58","date_modified":"2026-08-02 12:35:34","permalink":{"id":1475405,"object_type":"structure","relational_id":52681,"identifier":"30","token":"55.1\/V\/30","url":"\/55.1\/V\/30\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52661,"edition_id":2,"name":"Miscellaneous","identifier":"V","label":"subtitle","depth":2,"order_by":5,"parent_id":52600,"metadata":{"child_laws":165,"child_structures":20},"date_created":"2026-08-02 03:02:42","date_modified":"2026-08-02 12:35:31","permalink":{"id":1474773,"object_type":"structure","relational_id":52661,"identifier":"V","token":"55.1\/V","url":"\/55.1\/V\/","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":369839,"structure_id":52681,"section_number":"55.1-3000","catch_line":"Definitions","url":"\/55.1-3000\/","token":"55.1\/V\/30\/55.1-3000","metadata":false},{"id":369840,"structure_id":52681,"section_number":"55.1-3001","catch_line":"Exemptions","url":"\/55.1-3001\/","token":"55.1\/V\/30\/55.1-3001","metadata":false},{"id":369841,"structure_id":52681,"section_number":"55.1-3002","catch_line":"Provisions applicable to residential executory real estate contracts","url":"\/55.1-3002\/","token":"55.1\/V\/30\/55.1-3002","metadata":false},{"id":369842,"structure_id":52681,"section_number":"55.1-3003","catch_line":"Board for Housing and Community Development; development of best practice provisions for residential executory real estate contracts","url":"\/55.1-3003\/","token":"55.1\/V\/30\/55.1-3003","metadata":false}],"next_section":{"id":369840,"structure_id":52681,"section_number":"55.1-3001","catch_line":"Exemptions","url":"\/55.1-3001\/","token":"55.1\/V\/30\/55.1-3001","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/55.1-3000\/","history_text":"<p>This law was first created in 2019. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?191+ful+CHAP0511\">511<\/a> 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.<\/p>","references":false,"refers_to":false,"permalink":{"id":1475407,"object_type":"law","relational_id":369839,"identifier":"55.1-3000","token":"55.1\/V\/30\/55.1-3000","url":"\/55.1-3000\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/55.1-3000\/","token":"55.1\/V\/30\/55.1-3000","dublin_core":{"Title":"Definitions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 55.1-3000","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>As used in this chapter, unless the context requires a different meaning:<\/p><p>&#8220;<span class=\"dictionary\">Notice<\/span>&#8221; means <span class=\"dictionary\">notice<\/span> given in writing by either regular mail or hand delivery, with the sender retaining sufficient proof of having given such <span class=\"dictionary\">notice<\/span> in the form of a certificate of service confirming such mailing or hand delivery prepared by the sender.<\/p><p>&#8220;<span class=\"dictionary\">Option payment<\/span>&#8221; means the amount paid by the <span class=\"dictionary\">purchaser<\/span> in a <span class=\"dictionary\">residential executory real estate contract<\/span> in exchange for the right to purchase the property that is the subject of such contract at a specific price within a specified time.<\/p><p>&#8220;<span class=\"dictionary\">Purchaser<\/span>&#8221; means a person who enters into a <span class=\"dictionary\">residential executory real estate contract<\/span>.<\/p><p>&#8220;<span class=\"dictionary\">Residential executory real estate contract<\/span>&#8221; means an installment land contract, lease option contract, or rent-to-own contract by which a <span class=\"dictionary\">purchaser<\/span> acquires any right or interest in real property other than a right of first refusal and occupies or intends to occupy the property as his primary residence.<\/p><p>&#8220;<span class=\"dictionary\">Vendor<\/span>&#8221; means the person who sells, or proposes to sell, real property under a <span class=\"dictionary\">residential executory real estate contract<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nDEFINITIONS (\u00a7 55.1-3000)\n\nAs used in this chapter, unless the context requires a different meaning:\n\n&#8220;Notice&#8221; means notice given in writing by either regular mail or\nhand delivery, with the sender retaining sufficient proof of having given such\nnotice in the form of a certificate of service confirming such mailing or hand\ndelivery prepared by the sender.\n\n&#8220;Option payment&#8221; means the amount paid by the purchaser in a\nresidential executory real estate contract in exchange for the right to purchase\nthe property that is the subject of such contract at a specific price within a\nspecified time.\n\n&#8220;Purchaser&#8221; means a person who enters into a residential executory\nreal estate contract.\n\n&#8220;Residential executory real estate contract&#8221; means an installment\nland contract, lease option contract, or rent-to-own contract by which a\npurchaser acquires any right or interest in real property other than a right of\nfirst refusal and occupies or intends to occupy the property as his primary\nresidence.\n\n&#8220;Vendor&#8221; means the person who sells, or proposes to sell, real\nproperty under a residential executory real estate contract.\n\nHISTORY: 2019, c. 511, \u00a7 55-252.1.","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"}}