§ 64.2-2503 Concurrent ownership with or without survivorship
A. The death of the decedent caused by the slayer results in the vesting of the slayer’s interest in property held by the decedent and the slayer as tenants by the entirety or any other form of ownership with the right of survivorship in the estate of the decedent as though the slayer had predeceased the decedent.
B. The death of the decedent caused by the slayer results in the severance of the slayer’s interest in property held by the decedent and the slayer as joint tenants, joint owners, or joint obligees without the right of survivorship and the share of the decedent passes as a part of his estate.
History
This law was first created in 1981. The record of its establishment is cataloged in chapter 469 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1981 “Acts” aren’t available online. It has been modified 3 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1992, chapter 521; in 2008, chapters 822 and 830; in 2012, chapter 614.
1981, c. 469, §§ 55-405, 55-406; 1992, c. 521; 2008, cc. 822, 830; 2012, c. 614.