Real property; validity of long-term lease. (HB2374)

Introduced By

Del. Scott Garrett (R-Lynchburg)

Progress

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

Description

Validity of long-term lease of real property. Provides that no lease of real property for a term of five years or more shall be deemed invalid solely because it lacks a seal or a seal substitute. This bill is in response to The Game Place, L.L.C., et al. v. Fredericksburg 35, LLC, 295 Va. 396, 813 S.E.2d 312 (Va. 2018). Amends § 55-2, of the Code of Virginia. Read the Bill »

Status

01/08/2019: Awaiting a Vote in the General Laws Committee

History

DateAction
01/08/2019Committee
01/08/2019Prefiled and ordered printed; offered 01/09/19 19103352D
01/08/2019Referred to Committee on General Laws

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