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§ 55.1-3003. Board for Housing and Community Development; development of best practice provisions for residential executory real estate contracts

The Board for Housing and Community Development shall develop and make available on its website best practice provisions for residential executory real estate contracts. Such best practice provisions shall include (i) the full names and current mailing addresses of all parties to the contract; (ii) a legal description of the subject premises; (iii) the term […]

§ 55.1-3001. Exemptions

The provisions of this chapter shall not apply to residential executory real estate contracts where the vendor is: 1. A natural person, an estate, or a legal entity that owns no more than two single-family residential dwelling units in the Commonwealth unless the person or entity is an agent, affiliate, subsidiary, or parent company to […]

§ 55.1-3002. Provisions applicable to residential executory real estate contracts

A. Notwithstanding any other provision of law, a residential executory real estate contract shall be subject to the Virginia Residential Landlord and Tenant Act (§ 55.1-1200 et seq.). B. Notwithstanding any other provision of law, the following provisions shall be applicable to every residential executory real estate contract: 1. The purchaser shall have the right […]

§ 55.1-3000. Definitions

As used in this chapter, unless the context requires a different meaning: “Notice” means notice given in writing by either regular mail or hand delivery, with the sender retaining sufficient proof of having given such notice in the form of a certificate of service confirming such mailing or hand delivery prepared by the sender. “Option […]

§ 55.1-2904. Care, custody, and control of property

Unless the rental agreement specifically provides otherwise, the exclusive care, custody, and control of all personal property stored in the leased space shall remain vested in the occupant. 1981, c. 627, § 55-420; 2019, c. 712.

§ 55.1-2905. Savings clause

All rental agreements, entered into prior to July 1, 1981, that have not been extended or renewed after that date, shall remain valid and may be enforced or terminated in accordance with their terms or as permitted by any other statute or law of the Commonwealth. 1981, c. 627, § 55-421; 2019, c. 712.

§ 55.1-2901. Lien on personal property stored within a leased space

A. The owner shall have a lien on all personal property stored within each leased space for rent, labor, or other charges, and for expenses reasonably incurred in its sale pursuant to this chapter. Such lien shall attach as of the date the personal property is stored within each leased space and, to the extent […]

§ 55.1-2902. Enforcement of lien

A. 1. If any occupant is in default under a rental agreement, the owner shall notify the occupant of such default by regular mail at his last known address, or, if expressly provided for in the rental agreement, such notice may be given by electronic means. If such default is not cured within 10 days […]