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Sale of certain vacant and blighted or derelict property. Allows a locality where certain vacant and blighted or derelict property is located to petition the circuit court to appoint a special commissioner to execute the necessary deed or deeds to convey the real estate, in lieu of a sale at public auction, to the locality, to the locality's land bank entity, or to an existing nonprofit entity designated by the locality to carry out the functions of a land bank. The bill provides that the locality shall require any purchaser by covenants in the deed or other security instrument to (i) begin repair or renovation of the property within six months of purchase and (ii) complete all repairs or renovations necessary to bring the property into compliance with the local building code within a period not to exceed two years of the purchase.
Introduced
Jan 17, 2025
Last Action
Mar 24, 2025
Session
VA 2025
Sponsors
1 primary · 1 co
Acts of Assembly Chapter text (CHAP0449)
Approved by Governor-Chapter 449 (Effective 07/01/25)
Governor's Action Deadline 11:59 p.m., March 24, 2025
Enrolled Bill Communicated to Governor on March 3, 2025
Signed by President
Enrolled
Signed by Speaker
Bill text as passed Senate and House (SB1476ER)
House Amendment agreed to by Senate (30-Y 5-N)
Counties, Cities and Towns Amendment agreed to
Passed House with amendments (97-Y 0-N)
Engrossed by House as amended
Read third time
Read second time
Reported from Counties, Cities and Towns with amendment(s) (21-Y 0-N)
Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
Assigned CCT sub: Subcommittee #2
Referred to Committee on Counties, Cities and Towns
Read first time
Placed on Calendar
Read third time and passed Senate (32-Y 8-N)
Reading of amendment waived
Printed as engrossed 25104403D-E
Engrossed by Senate as amended
Local Government Amendments agreed to
Read second time
Rules suspended
Passed by for the day
Constitutional reading dispensed (on 1st reading) (39-Y 0-N)
Reported from Local Government with amendments (11-Y 3-N)
Referred to Committee on Local Government
Presented and ordered printed 25104403D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Acts of Assembly Chapter text (CHAP0449)
Todd E. Pillion
Angelia Williams Graves