Code of Virginia § 15.2-728. Title insurance for county real estate.
101 words·~1 min read·
/va/title-15-2/chapter-7/15-2-728A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding any other provision of law, whenever any county purchases real estate for which the consideration paid exceeds $1,000, the county, in lieu of having the title examined and approved by an attorney-at-law, may purchase an insurance policy which insures the county's interest in the title to the property from a company which is authorized to issue such policies in the Commonwealth. Evidence of such insurance shall be filed with the clerk for the circuit court of the county along with the recorded deed or other papers by which the title is conveyed.
1983, c. 364, § 15.1-687.6; 1997, c. 587.