VA SB1190 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 3 2019 - 25% progression, died in chamber
Action: 2019-01-28 - Passed by indefinitely in Courts of Justice (8-Y 5-N)
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 3 2019 - 25% progression, died in chamber
Action: 2019-01-28 - Passed by indefinitely in Courts of Justice (8-Y 5-N)
Text: Latest bill text (Prefiled) [HTML]
Summary
Uniform Partition of Heirs Property Act. Creates the Uniform Partition of Heirs Property Act, which preserves the right of a cotenant to sell his interest in inherited real estate, while ensuring that the other cotenants will have the necessary due process, including notice, appraisal, and right of first refusal, to prevent a forced sale. If the other cotenants do not exercise their right to purchase property from the seller, the court must order a partition in kind if feasible, and if not, a commercially reasonable sale for fair market value. The provisions of the bill apply to partition actions filed on or after July 1, 2019.
Title
Uniform Partition of Heirs Property Act; created.
Sponsors
Roll Calls
2019-01-28 - Senate - Senate: Passed by indefinitely in Courts of Justice (8-Y 5-N) (Y: 8 N: 5 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2019-01-28 | Senate | Passed by indefinitely in Courts of Justice (8-Y 5-N) |
| 2019-01-03 | Senate | Referred to Committee for Courts of Justice |
| 2019-01-03 | Senate | Prefiled and ordered printed; offered 01/09/19 19102872D |
