Bill Text: VA HB2711 | 2019 | Regular Session | Chaptered
Bill Title: Real estate; exemptions, recordation of signed writing, etc.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2019-03-18 - Governor: Acts of Assembly Chapter text (CHAP0492) [HB2711 Detail]
Download: Virginia-2019-HB2711-Chaptered.html
Be it enacted by the General Assembly of Virginia:
1. That §34-6 of the Code of Virginia is amended and reenacted as follows:
§34-6. How exemption of real estate secured; form to claim exemption of real property.
In order to secure the benefit of the exemptions of real
estate under §§34-4 and 34-4.1, the householder, by a writing signed by him
and duly admitted to record, to be recorded as deeds are recorded, in the
county or city wherein such real estate or any part thereof is located and
or, if such property is located outside of the Commonwealth, in the county
or city in the Commonwealth where the householder resides, shall declare
his intention to claim such benefit and select and set apart the real estate to
be held by the householder as exempt, and describe the same with reasonable
certainty, affixing to the description his cash valuation of the estate so
selected and set apart. Equitable as well as legal estates may be so selected
and set apart. The following form, or one which is substantially similar, shall
be used and shall be sufficient for the writing required by this section:
HOMESTEAD DEED FOR REAL PROPERTY
Name of Householder _______________________________________________
Name of title holder of record (if different) _________________________
Is the householder a disabled veteran entitled to claim the additional exemption under §34-4.1?
____________________
Address of Householder _____________________________________________
Name(s) and age(s) of dependent(s) _________________________________
County/city/state in which real property claimed as exempt is located
_________________________________________________________________________
Description of property claimed as exempt __________________________
_________________________________________________________________________
Value of property described above ___________________________________
Number of homestead deeds that have been filed by the Householder
_________________________________________________________________________
Exemption amount previously claimed on prior homestead deeds
_________________________________________________________________________
List the jurisdictions where previous homestead deeds were filed
_________________________________________________________________________
________________________________________ (Signature of Householder)
________________________________________ [ACKNOWLEDGMENT]
Such writing or deed shall not be required to secure any exemption under this Code except those exemptions created by §§34-4 and 34-4.1.
