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When sale and conveyance within one year valid against creditors; proceeds paid to special commissioner; bond to obtain proceeds (§ 64.2-535)
2016A For purposes of this section:”Net proceeds” means the purchase price for the real estate, including money, deferred purchase money obligations, and other securities, remaining after the payment of the expenses of sale ordinarily paid by . . .
Jurisdiction for qualification of testamentary trustee; qualification and bond; when surety not required (§ 64.2-1401)
2016A In the case of a testamentary trust, the jurisdiction where the will has been admitted to probate in the Commonwealth shall be the exclusive jurisdiction for the qualification of the trustee under such will. In the case of a will of a nonresident t . . .
Partial exemption for certain rehabilitated, renovated or replacement residential structures (§ 58.1-3220)
2016A The governing body of any county, city or town may, by ordinance, provide for the partial exemption from taxation of real estate on which any structure or other improvement no less than 15 years of age has undergone substantial rehabilitation, reno . . .
Biennial general reassessments; annual or biennial assessment (§ 58.1-3253)
2016A Notwithstanding any other provision of law, the governing body of any county or city having at least one full-time real estate appraiser or assessor qualified by the Tax Commissioner may provide by ordinance for the biennial assessment and equaliza . . .
Local incentives (§ 36-168)
2016A In making an application for designation as a housing revitalization zone, the applying locality or localities may propose local tax incentives, including, but not limited to: (i) reduction of permit fees; (ii) reduction of user fees; (iii) partial . . .
Assessment of lots and open spaces in certain planned development subdivisions (§ 58.1-3284.1)
2016A Residential or commercial property, which is part of a planned development which contains open or common space, which includes the right by easement, covenant, deed or other interest in real estate, to the use of the open or common space, shall be . . .
Posting of building permit; identification of mechanics' lien agent in building permit; notice to mechanics' lien agent; effect of notice (§ 43-4.01)
2016A The building permit for any one- or two-family residential dwelling unit issued pursuant to the Uniform Statewide Building Code shall be conspicuously and continuously posted on the property for which the permit is issued until all work is complete . . .
Certain contracts void as to creditors and purchasers unless in writing; law governing validity of contracts creating security interests (§ 11-1)
2016Every contract, not in writing, made in respect to real estate or goods and chattels in consideration of marriage, or made for the conveyance or sale of real estate, or a term therein of more than five years, and, except as otherwise provided in § 8 . . .
Vendor's equitable lien abolished (§ 55-53)
2016If any person hereafter convey any real estate and the purchase money or any part thereof remain unpaid at the time of the conveyance, he shall not thereby have a lien for such unpaid purchase money, unless such lien is expressly reserved on the face . . .
(Repealed effective October 1, 2016) Authority to sell and convey certain lands (§ 23-77.1)
2016The rector and visitors of the University of Virginia, with the approval of the Governor first obtained, are hereby authorized to sell and convey any and all real estate to which it has acquired title by gift, devise or purchase since January 1, 1900 . . .