Code of Virginia § 55.1-1402. Apportionment on purchase of part of land by holder of rent.
91 words·~1 min read·
/va/title-55-1/chapter-14/55-1-1402·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When the holder of a rent purchases part of the land out of which the rent issues, such rent shall be apportioned in like manner as if the land had come to him by descent, and when the holder of land that is part of land out of which rent issues purchases such rent or part of it, the rent so purchased shall be apportioned as in like manner as if the land had come to him by descent.
Code 1919, § 5547; Code 1950, § 55-219; 2019, c. 712 .