Judgment; circuit court may decree sale of real estate used as owner's primary residence to enforce. (HB711)

Introduced By

Del. Chris Peace (R-Mechanicsville)

Progress

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

Description

Jurisdiction of court to enforce lien of judgment.  Provides that a circuit court may decree the sale of real estate used as the owners primary residence to enforce a judgment lien encumbering it only if (i) the value of that real estate is more than the median assessed value of single-family dwellings in the jurisdiction where the real estate is situated; (ii) the owner of that real estate has an annual household gross income that exceeds the greater of $50,000 or the income limits based upon family size for the respective metropolitan statistical area; and (iii) the judgment upon which the lien is based did not arise out of an intentional tort or act of fraud committed by the owner of the real estate. Amends § 8.01-462, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/12/2010Committee
01/12/2010Prefiled and ordered printed; offered 01/13/10 10102390D
01/12/2010Referred to Committee for Courts of Justice
01/19/2010Assigned Courts sub: Civil
02/01/2010Subcommittee recommends striking from docket
02/16/2010Left in Courts of Justice