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2007 SESSION
076579114Whereas, the jury verdict issued in the City of Richmond, dated December 29, 1989, and recorded in deed book 224, page 453, was not indexed in the name of the then last known owner or owners listed for each lot or parcel, therefore
Be it enacted by the General Assembly of Virginia:
1. § 1. City of Richmond escheat verdict.
Notwithstanding any applicable provisions in the Code of
Virginia, including those pertaining to escheats generally, and it being in the
public interest to eliminate potential injury and loss due to the discovery of
invalid title arising from certain prior escheat proceedings in the City of
Richmond that resulted in a verdict of jury dated December 29, 1989, and
recorded in the clerk's office of the Circuit Court of the City of Richmond in
deed book 224, page 453, evidencing the determination that specified properties
therein listed had escheated to the Commonwealth, which escheat verdict was not
indexed in the name of the then last known owner or owners thereof as therein
listed for each lot or parcel, [ said verdict of jury ] is hereby
declared to be null and void and of no force and effect as a matter of law.
This provision shall apply retroactive to December 29, 1989. Further, the
Commonwealth disclaims any right, title, and interest by escheat in and to any
of the properties listed in the said verdict of jury effective upon any such
escheat thereof as evidenced by said verdict. The Commonwealth, acting through
the Department of General Services, may confirm the foregoing, provided the
state treasurer determines it appropriate, by execution and delivery of a
quitclaim [ deed ] and release deed to the current owner
or owners of any lot or parcel specified in the verdict, provided such deed has
the prior approval of the Governor or his designee and has been approved as to
form by the Attorney General.