Va. Code § 55.1-2020

Current with changes from the 2024 legislative session through ch. 845

Section 55.1-2020 - Deposits to be held in escrow

Any deposit made with a reservation to purchase or a contract to purchase shall be held in escrow in a separate fund for such deposits designated as such until the deed for which a deposit was made is delivered to the depositor.

1973, c. 375, § 55-79.21:1; 2019, c. 712.

Added by Acts 2019 c. 712, § 1, eff. 10/1/2019.