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Code · Virginia · Title 55.1 · Chapter 24

Code of Virginia § 55.1-2425. Resale in case of default.

49 words·~1 min read·/va/title-55-1/chapter-24/55-1-2425

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

If the purchaser does not pay the purchase money into the state treasury within a reasonable time, any deposit is forfeited, and the State Treasurer may rescind the contract and order a new sale.
Code 1919, § 508; Code 1950, § 55-187; 1990, c. 938; 2019, c. 712 .
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