REAL ESTATE AND REAL ESTATE TAX
(P) Passed (F) Failed (V) Vetoed (I) Incorporated into other legislation (C) Carried over from 2004 Session (CD)Carried over from 2004 Session but died in Committee on or before December 10th
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Back taxes; allows localities to develop a procedure to forgive certain on real property. (Patron-
Orrock,
HB 1004 (
CD))
Bail bondsman, property; allowed to issue bonds in an amount not to exceed four times his collateral in real estate. Amending § 9.1-185.5. (Patron-
Griffith,
HB 2314 (
I) See
HB2117)
Banks; eliminates requirements that certain mortgage loans secured by real estate be amortized by periodic payments of principal and interest. Amending §§ 6.1-63 and 6.1-66. (Patron-
Newman,
SB 1029 (Chapter
263))
Business, professional and occupational license (BPOL) tax; exempts gross receipts received from real estate appraisal entities. Amending § 58.1-3732.2. (Patron-
O’Bannon,
HB 2241 (
F))
Common interest communities; Real Estate Board to review study performed by Old Dominion University Center for Real Estate and Economic Development. (Patron-
Suit,
HJR 686 (
P))
Consumer Real Estate Settlement Protection Act; limits certain separate charges. Adding § 6.1-2.23:2. (Patron-
Reese,
HB 1586 (Chapter
780);
Deeds,
SB 875 (Chapter
734))
Consumer Real Estate Settlement Protection Act; prohibits separate charge. Adding § 6.1-2.23:2. (Patron-
Albo,
HB 1575 (
F))
Deferred real estate tax; allows locality to establish interest rate. Amending § 58.1-3219.1. (Patron-
Ebbin,
HB 2635 (Chapter
561);
Whipple,
SB 1087 (Chapter
502))
Enterprise zones; business and real property investment tax credit. Amending §§ 59.1-280, 59.1-280.1, 59.1-282.1 and 59.1-282.3. (Patron-
Martin,
SB 64 (
CD))
Enterprise zones; real property investment tax credit. Amending § 59.1-280.1. (Patron-
Martin,
SB 65 (
CD))
Foreclosures; procedure for removal of occupants. Adding § 55-59.5. (Patron-
Drake,
HB 1367 (
CD))
Foreclosures; procedures for real property purchased at auction. Adding § 55-59.5. (Patron-
Weatherholtz,
HB 1391 (
CD))
Land records; penalty for providing remote access without written certification of compatibility. Amending § 17.1-279. (Patron-
Nixon,
HB 1389 (
CD))
Real estate; allows certain nonconforming lots in City of Chesapeake to be developed according to guidelines. (Patron-
Spruill,
HB 1434 (
CD))
Real estate; charge on option financing contracts and financing of delinquent rent. Amending § 6.1-330.78:1; adding § 6.1-330.78:2. (Patron-
Armstrong,
HB 1066 (
CD))
Real estate appraisers; lien for performance of appraisal. Adding § 43-3.1. (Patron-
Quayle,
SB 207 (
CD))
Real estate assessments; consideration of federal or state restrictions. Adding § 58.1-3295. (Patron-
Suit,
HB 2453 (
F))
Real Estate Board; issuance of cease and desist orders for unlicensed activity. Adding § 54.1-2105.2. (Patron-
McDougle,
HB 2843 (Chapter
437))
Real Estate Cooperative Act; reserves for capital components. Amending §§ 55-426, 55-478 and 55-484; adding § 55-471.1. (Patron-
Alexander,
HB 2820 (Chapter
436))
Real estate tax; allows localities to increase amount of income on sliding scale for elderly or disabled. Amending §§ 58.1-3211 and 58.1-3212. (Patron-
Quayle,
SB 1042 (
F))
Real estate tax; alternative payment schedules for elderly and handicapped. Adding § 58.1-3916.02. (Patron-
Colgan,
SB 645 (
CD))
Real estate tax; authorizing Prince William County to provide credit for owner in overcrowded public school zone. (Patron-
Marshall, R.G.,
HB 1811 (
F))
Real estate tax; changes in local relief programs. Amending § 58.1-3211. (Patron-
Wagner,
SB 1051 (Chapter
224))
Real estate tax; deferral for certain disabled military veterans. Amending § 58.1-3211. (Patron-
Deeds,
SB 248 (
CD))
Real estate tax; definition of open or common space. Amending § 58.1-3284.1. (Patron-
Norment,
SB 896 (Chapter
218))
Real Estate Time-Share Act; developer control in time-share estate program. Amending § 55-369. (Patron-
Barlow,
HB 969 (
CD))
Real Property Electronic Recording Act; created, definition of electronic filing of documents. Amending § 55-108; adding §§ 17.1-258.2 through 17.1-258.5 and 55-142.10 through 55-142.15. (Patron-
Devolites Davis,
SB 992 (Chapter
744))
Residential Property Disclosure Act; disclosures for property adjacent to U.S. Master Jet Base. Amending §§ 55-518 through 55-521 and 55-524; adding § 55-519.1. (Patron-
Stolle,
SB 1161 (Chapter
510))
Solid waste disposal fees; included on real estate tax bills. Amending § 58.1-3912. (Patron-
Phillips,
HB 2408 (Chapter
922))
Surplus funds; allows any locality to develop method for returning. Amending § 15.2-2511.1. (Patron-
Black,
HB 2861 (
I) See
HB2662)