Property & Conveyances; revision of Title 55 to create Title 55.1, pertains to rental property, etc. (SB1080)

Introduced By

Sen. John Edwards (D-Roanoke)

Progress

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

Description

Revision of Title 55. Creates proposed Title 55.1 (Property and Conveyances) as a revision of existing Title 55 (Property and Conveyances). Proposed Title 55.1 consists of 29 chapters divided into five subtitles: Subtitle I (Property Conveyances), Subtitle II (Real Estate Settlements and Recordation), Subtitle III (Rental Conveyances), Subtitle IV (Common Interest Communities), and Subtitle V (Miscellaneous). The bill organizes the laws in a more logical manner, removes obsolete and duplicative provisions, and improves the structure and clarity of statutes pertaining to real and personal property conveyances, recordation of deeds, rental property, common interest communities, escheats, and unclaimed property. The bill has a delayed effective date of October 1, 2019, and is a recommendation of the Virginia Code Commission. See S.B. 1080 pdf text : S.B. 1080 Amends § 54.1-2345, § 54.1-2354, of the Code of Virginia. Read the Bill »

Status

01/21/2019: passed committee

History

DateAction
12/14/2018Prefiled and ordered printed; offered 01/09/19 19100845D
12/14/2018Referred to Committee for Courts of Justice
01/14/2019Reported from Courts of Justice (13-Y 0-N) (see vote tally)
01/14/2019Rereferred to General Laws and Technology
01/21/2019Reported from General Laws and Technology (14-Y 0-N) (see vote tally)

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