2014 SESSION

Convened January 8, 2014
Adjourned sine die March 8, 2014
Reconvened April 23, 2014
Adjourned sine die April 23, 2014

REAL ESTATE AND REAL ESTATE TAX

(P) Passed (F) Failed (V) Vetoed (I) Incoporated into other legislation

(C) Carried over to 2015 Session

Appraisal management companies; licensure from Real Estate Appraiser Board, regulation. Amending §§ 54.1-2013 and 54.1-2021.1. (Patron-Minchew, HB 762 (Chapter 210))

Condominium and Property Owners’ Association Acts; merger of developments, reformation of declaration, judicial procedure, court shall have jurisdiction over certain matters regarding ownership of legal title of common elements, common areas, or real property. Adding §§ 55-79.71:2, 55-79.73:2, and 55-515.2:1. (Patron-Massie, HB 690 (Chapter 659))

Constitutional amendment; General Assembly by law may exempt from taxation real property of surviving spouses of soldiers killed in action (second reference). Amending Section 6-A of Article X. (Patron-Ramadan, HJR 8 (Chapter 775); Black, SJR 81 (C))

General Services, Department of; inventory of all real property owned by the Commonwealth, listing of property on website, description of inventory. Amending § 2.2-1136. (Patron-LeMunyon, HB 790 (Chapter 211))

Manufactured homes; revises requirements and procedures for titling homes, conversion to real property, security interest on manufactured homes. Amending §§ 46.2-632 and 46.2-653; adding § 46.2-653.1. (Patron-Cosgrove, SB 356 (Chapter 624))

Neighborhood revitalization; locality may by ordinance adopt program to establish and impose an annual blighted property assessment fee on real properties that have remained vacant for one year or longer. Adding § 15.2-907.3. (Patron-Marsh, SB 374 (C))

Real and personal property tax; exemption for aviation museum, demonstrate performance of Warbirds at airshows, and flight demonstrations of Warbirds. Adding § 58.1-3652. (Patron-Knight, HB 187 (Chapter 60); Wagner, SB 508 (Chapter 185))

Real and personal property tax; exemption for religious bodies. Amending § 58.1-3606. (Patron-Anderson, HB 361 (F))

Real and personal property tax; exemption for religious bodies, real property used primarily for outdoor worship activities and property used for ancillary and accessory purposes as allowed under local ordinance, dominant purpose of which is to support or augment worship. Amending § 58.1-3606. (Patron-Minchew, HB 156 (Chapter 555); Black, SB 175 (Chapter 615))

Real estate; changes criteria for transferring certain delinquent taxes to localities through special commissioner in certain cities. Amending § 58.1-3970.1. (Patron-McQuinn, HB 224 (F))

Real estate; judicial sale of property for delinquent taxes. Amending § 58.1-3969. (Patron-Brink, HB 663 (Chapter 34))

Real estate; percentage of taxes and liens, together, including penalty and accumulated interest and percentage of certain taxes alone shall exceed 20 percent and 10 percent, respectively, of assessed value of parcel, and each parcel has an assessed value of $100,000 or less, exception. Amending § 58.1-3970.1. (Patron-Marsh, SB 68 (Chapter 519))

Real Estate Board; death or disability of a broker. Amending §§ 54.1-2105.1 and 54.1-2109. (Patron-Surovell, HB 251 (Chapter 24); Barker, SB 438 (Chapter 705))

Real estate licensees; an allegation made by plaintiff in civil proceeding that defendant licensee has engaged in untrue, deceptive, or misleading advertising, etc., shall be stated with particularity. Amending § 18.2-216. (Patron-Miller, HB 259 (Chapter 650); McDougle, SB 302 (Chapter 696))

Real estate loans; prohibits lender from requiring borrower to provide flood insurance coverage against risks to improvements on real property. Amending § 6.2-412. (Patron-Puckett, SB 74 (Chapter 247))

Real estate tax; appointment of special commissioner in City of Portsmouth to execute title to real estate for delinquent taxes. Amending § 58.1-3970.1. (Patron-James, HB 966 (F))

Real property tax; an alternate member may be appointed to board of equalization if regular member applies to board for relief. Amending §§ 58.1-3370, 58.1-3371, and 58.1-3373. (Patron-Minchew, HB 149 (Chapter 19))

Real property tax; courts may award reasonable attorney fees to taxpayers who prevail in appeals of tax assessments on residential property. Amending § 58.1-3987. (Patron-Pogge, HB 1153 (C))

Real property tax; exemption for certain elderly and disabled persons. Amending §§ 58.1-3210, 58.1-3211.1, and 58.1-3212. (Patron-Minchew, HB 1000 (Chapter 767))

Real property tax; exemption for surviving spouses of members of armed forces killed in action (submitting to qualified voters). Amending §§ 58.1-3219.5, 58.1-3219.7, 58.1-3360, and Section 6-A of Article X of Constitution of Virginia; adding §§ 58.1-3219.9 through 58.1-3219.12. (Patron-Ramadan, HB 46 (Chapter 757))

Real property tax; locality may condition sale of certain tax delinquent real property on purchaser’s investing a certain amount in improvements. Amending § 58.1-3970.1. (Patron-Yancey, HB 875 (F))

Real property tax; nonjudicial sale of certain delinquent property. Amending § 58.1-3975. (Patron-Yost, HB 499 (Chapter 28))

Real property tax; notice shall inform property owners right to view and make copies of records, assessed values of land and improvements, whether or not tax rate applicable to new assessed value has been established, notice shall set out tax rates for immediately prior two tax years. Amending § 58.1-3330. (Patron-Norment, SB 480 (Chapter 802))

Real property tax; notice shall inform property owners right to view and make copies of records, whether or not tax rate applicable to new assessed value has been established, notice shall set out rates for immediately prior two tax years. Amending § 58.1-3330. (Patron-Pogge, HB 525 (Chapter 71))

Real property tax liens; assignment to third party. Amending §§ 58.1-807, 58.1-3018, 58.1-3340, and 58.1-3930; adding § 58.1-3018.1. (Patron-Habeeb, HB 772 (F); Stuart, SB 483 (C))

Relocation Assistance and Real Property Acquisition Policies; replacement housing for homeowners and tenants. Amending §§ 25.1-401, 25.1-409, and 25.1-410. (Patron-Fowler, HB 990 (Chapter 218))

Southwestern Virginia Mental Health Institute; Department of Behavioral Health and Developmental Services to convey certain real property located in Marion in Smyth County to Mount Rogers Community Services Board. Amending Chapter 265, 2013 Acts. (Patron-Carrico, SB 667 (Chapter 643))

Tenants; broadens class of individuals who may hold property by entireties to include any married couple whose marriage is recognized under laws of any state in United States. Amending § 55-20.2. (Patron-Simon, HB 419 (F))

Virginia Defense Force; localities may appropriate money and real and personal property to various organizations of Force. Amending §§ 44-113 and 44-137. (Patron-Anderson, HB 559 (Chapter 30); Ruff, SB 546 (Chapter 547))

Virginia Real Estate Time-Share Act; contents of time-share owners’ association annual report. Amending § 55-370.1. (Patron-Cosgrove, SB 347 (Chapter 533))

Virginia Real Estate Time-Share Act; public offering statement, multisite registration. Amending § 55-374. (Patron-Peace, HB 901 (Chapter 39); Cosgrove, SB 577 (Chapter 716))

Virginia Real Estate Time-Share Act; registration with Common Interest Community Board of alternative purchases that are offered to potential purchasers during developer’s sales presentation. Adding § 55-394.5. (Patron-Cosgrove, SB 348 (Chapter 623))

Water and sewer; Prince George County permitted to provide by ordinance that charges shall be a lien on real estate. Amending § 15.2-2118. (Patron-Ruff, SB 81 (I) See SB290)

Water and sewer charges; adds City of Suffolk to list of localities permitted to provide by ordinance that charges shall be a lien on real estate. Amending § 15.2-2118. (Patron-Spruill, HB 1012 (Chapter 430))

Water and sewer charges; adds Prince George and Smyth Counties to those localities in which charges constitute a lien against real property. Amending § 15.2-2118. (Patron-Carrico, SB 290 (Chapter 694))