HB1968: Family subdivision; amends statute for conveyance of a lot.

Chief Patron

Del. Lynwood Lewis (D-100)

Lynwood Lewis (D-100)
Accomac, VA
Served: 2004–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

04/04/2007: enacted

View Entire History

Summary

Subdivision of a lot for conveyance to a family member.  Amends the statute that authorizes localities to provide an additional method for subdivision of a lot for conveyance to a family member. Under current law, the property owner must agree to place a restrictive covenant on the subdivided property that would prohibit the transfer of the property to a nonmember of the immediate family for a period of 15 years. The bill provides that a locality may reduce or provide exceptions to such period of years when changed circumstances so require.