Code of Virginia
Title 55.1. Property and Conveyances
Chapter 20. Horizontal Property Act
Title 55.1. Property and Conveyances
Chapter 20. Horizontal Property Act
12/17/2024
Article 4. Protection of Purchasers.
§ 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.