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1995 SESSION

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SB 935 Power of sale of real estate; lien extinguished.

Introduced by: Jackson E. Reasor, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY:

Power of sale; lien extinguished. Provides that the sale of real estate by an executor or trustee pursuant to a power of sale conferred by will extinguishes any judgment against a devisee as it relates to the real estate. The bill is recommended by the Real Estate Section of the Virginia Bar Association and is a response to a 1993 circuit court decision in Roanoke.

FULL TEXT

• 01/23/95  Senate: Presented & ordered printed LD7654152  pdf

HISTORY

• 01/23/95  Senate: Presented & ordered printed LD7654152
• 01/23/95  Senate: Referred to Committee for Courts of Justice
• 01/31/95  Senate: Assigned to C. J. sub-committee: Wills/Trusts/Estates
• 02/07/95  Senate: Left in Courts of Justice