{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/55.1-1205.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/55.1-1205.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/55.1-1205.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/55.1-1205.html"}],"law_id":62292,"edition_id":1,"section_id":62292,"structure_id":15277,"section_number":"55.1-1205","catch_line":"Prepaid rent; maintenance of escrow account","history":"2002, c. 531, \u00a7 55-248.7:1; 2015, c. 596; 2017, c. 730; 2019, c. 712.","full_text":"A landlord and a tenant may agree in a rental agreement that the tenant pay prepaid rent. If a landlord receives prepaid rent, it shall be placed in an escrow account in a federally insured depository authorized to do business in Virginia by the end of the fifth business day following receipt and shall remain in the account until such time as the prepaid rent becomes due. Unless the landlord has otherwise become entitled to receive any portion of the prepaid rent, it shall not be removed from the escrow account required by this section without the written consent of the tenant.","order_by":null,"text":{"0":{"id":227188,"text":"A landlord and a tenant may agree in a rental agreement that the tenant pay prepaid rent. If a landlord receives prepaid rent, it shall be placed in an escrow account in a federally insured depository authorized to do business in Virginia by the end of the fifth business day following receipt and shall remain in the account until such time as the prepaid rent becomes due. Unless the landlord has otherwise become entitled to receive any portion of the prepaid rent, it shall not be removed from the escrow account required by this section without the written consent of the tenant.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15277,"edition_id":1,"name":"General Provisions","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":14100,"metadata":{},"date_created":"2026-06-26 03:53:32","date_modified":"2026-06-26 03:53:32","permalink":{"id":245887,"object_type":"structure","relational_id":15277,"identifier":"1","token":"55.1\/III\/12\/1","url":"\/55.1\/III\/12\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":14100,"edition_id":1,"name":"Virginia Residential Landlord and Tenant Act","identifier":"12","label":"chapter","depth":3,"order_by":1,"parent_id":13073,"metadata":{},"date_created":"2026-06-26 03:46:53","date_modified":"2026-06-26 03:46:53","permalink":{"id":245885,"object_type":"structure","relational_id":14100,"identifier":"12","token":"55.1\/III\/12","url":"\/55.1\/III\/12\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13073,"edition_id":1,"name":"Rental Conveyances","identifier":"III","label":"subtitle","depth":2,"order_by":1,"parent_id":12707,"metadata":{},"date_created":"2026-06-26 03:44:14","date_modified":"2026-06-26 03:44:14","permalink":{"id":245883,"object_type":"structure","relational_id":13073,"identifier":"III","token":"55.1\/III","url":"\/55.1\/III\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12707,"edition_id":1,"name":"Property and Conveyances","identifier":"55.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":244769,"object_type":"structure","relational_id":12707,"identifier":"55.1","token":"55.1","url":"\/55.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":61413,"structure_id":15277,"section_number":"55.1-1200","catch_line":"Definitions","url":"\/55.1-1200\/","token":"55.1\/III\/12\/1\/55.1-1200","metadata":false},{"id":83636,"structure_id":15277,"section_number":"55.1-1201","catch_line":"Applicability of chapter; local authority","url":"\/55.1-1201\/","token":"55.1\/III\/12\/1\/55.1-1201","metadata":false},{"id":69095,"structure_id":15277,"section_number":"55.1-1202","catch_line":"Notice","url":"\/55.1-1202\/","token":"55.1\/III\/12\/1\/55.1-1202","metadata":false},{"id":58146,"structure_id":15277,"section_number":"55.1-1203","catch_line":"Application; deposit, fee, and additional information","url":"\/55.1-1203\/","token":"55.1\/III\/12\/1\/55.1-1203","metadata":false},{"id":82906,"structure_id":15277,"section_number":"55.1-1204","catch_line":"Terms and conditions of rental agreement; payment of rent; copy of rental agreement for tenant","url":"\/55.1-1204\/","token":"55.1\/III\/12\/1\/55.1-1204","metadata":false},{"id":84327,"structure_id":15277,"section_number":"55.1-1204.1","catch_line":"Fee disclosure statement","url":"\/55.1-1204.1\/","token":"55.1\/III\/12\/1\/55.1-1204.1","metadata":false},{"id":62292,"structure_id":15277,"section_number":"55.1-1205","catch_line":"Prepaid rent; maintenance of escrow account","url":"\/55.1-1205\/","token":"55.1\/III\/12\/1\/55.1-1205","metadata":false},{"id":68710,"structure_id":15277,"section_number":"55.1-1206","catch_line":"Landlord may obtain certain insurance for tenant","url":"\/55.1-1206\/","token":"55.1\/III\/12\/1\/55.1-1206","metadata":false},{"id":60062,"structure_id":15277,"section_number":"55.1-1207","catch_line":"Effect of unsigned or undelivered rental agreement","url":"\/55.1-1207\/","token":"55.1\/III\/12\/1\/55.1-1207","metadata":false},{"id":64224,"structure_id":15277,"section_number":"55.1-1208","catch_line":"Prohibited provisions in rental agreements","url":"\/55.1-1208\/","token":"55.1\/III\/12\/1\/55.1-1208","metadata":false},{"id":67212,"structure_id":15277,"section_number":"55.1-1208.1","catch_line":"Rental agreements; child care","url":"\/55.1-1208.1\/","token":"55.1\/III\/12\/1\/55.1-1208.1","metadata":false},{"id":81763,"structure_id":15277,"section_number":"55.1-1209","catch_line":"Confidentiality of tenant records","url":"\/55.1-1209\/","token":"55.1\/III\/12\/1\/55.1-1209","metadata":false},{"id":67680,"structure_id":15277,"section_number":"55.1-1209.1","catch_line":"Employees of the landlord; rental dwelling unit keys and electronic key codes; policies and procedures","url":"\/55.1-1209.1\/","token":"55.1\/III\/12\/1\/55.1-1209.1","metadata":false},{"id":75393,"structure_id":15277,"section_number":"55.1-1210","catch_line":"Landlord and tenant remedies for abuse of access","url":"\/55.1-1210\/","token":"55.1\/III\/12\/1\/55.1-1210","metadata":false},{"id":65452,"structure_id":15277,"section_number":"55.1-1211","catch_line":"Appointment of resident agent by nonresident property owner; service of process, etc., on such agent or on Secretary of the Commonwealth","url":"\/55.1-1211\/","token":"55.1\/III\/12\/1\/55.1-1211","metadata":false},{"id":67894,"structure_id":15277,"section_number":"55.1-1212","catch_line":"Energy submetering, energy allocation equipment, sewer and water submetering equipment, and ratio utility billing systems; local government fees","url":"\/55.1-1212\/","token":"55.1\/III\/12\/1\/55.1-1212","metadata":false},{"id":61504,"structure_id":15277,"section_number":"55.1-1213","catch_line":"Transfer of deposits upon purchase","url":"\/55.1-1213\/","token":"55.1\/III\/12\/1\/55.1-1213","metadata":false}],"previous_section":{"id":84327,"structure_id":15277,"section_number":"55.1-1204.1","catch_line":"Fee disclosure statement","url":"\/55.1-1204.1\/","token":"55.1\/III\/12\/1\/55.1-1204.1","metadata":false},"next_section":{"id":68710,"structure_id":15277,"section_number":"55.1-1206","catch_line":"Landlord may obtain certain insurance for tenant","url":"\/55.1-1206\/","token":"55.1\/III\/12\/1\/55.1-1206","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/55.1-1205\/","history_text":"<p>This law was first created in 2002. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?021+ful+CHAP0531\">531<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 2015, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?151+ful+CHAP0596\">596<\/a>; in 2017, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?171+ful+CHAP0730\">730<\/a>; in 2019, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?191+ful+CHAP0712\">712<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":245913,"object_type":"law","relational_id":62292,"identifier":"55.1-1205","token":"55.1\/III\/12\/1\/55.1-1205","url":"\/55.1-1205\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/55.1-1205\/","token":"55.1\/III\/12\/1\/55.1-1205","dublin_core":{"Title":"Prepaid rent; maintenance of escrow account","Type":"Text","Format":"text\/html","Identifier":"\u00a7 55.1-1205","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>A <span class=\"dictionary\">landlord<\/span> and a <span class=\"dictionary\">tenant<\/span> may agree in a <span class=\"dictionary\">rental agreement<\/span> that the <span class=\"dictionary\">tenant<\/span> pay prepaid <span class=\"dictionary\">rent<\/span>. If a <span class=\"dictionary\">landlord<\/span> receives prepaid <span class=\"dictionary\">rent<\/span>, it shall be placed in an escrow account in a federally insured depository authorized to do business in Virginia by the end of the fifth business day following receipt and shall remain in the account until such time as the prepaid <span class=\"dictionary\">rent<\/span> becomes due. Unless the <span class=\"dictionary\">landlord<\/span> has otherwise become entitled to receive any portion of the prepaid <span class=\"dictionary\">rent<\/span>, it shall not be removed from the escrow account required by this section without the written consent of the <span class=\"dictionary\">tenant<\/span>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nPREPAID RENT; MAINTENANCE OF ESCROW ACCOUNT (\u00a7 55.1-1205)\n\nA landlord and a tenant may agree in a rental agreement that the tenant pay\nprepaid rent. If a landlord receives prepaid rent, it shall be placed in an\nescrow account in a federally insured depository authorized to do business in\nVirginia by the end of the fifth business day following receipt and shall remain\nin the account until such time as the prepaid rent becomes due. Unless the\nlandlord has otherwise become entitled to receive any portion of the prepaid\nrent, it shall not be removed from the escrow account required by this section\nwithout the written consent of the tenant.\n\nHISTORY: 2002, c. 531, \u00a7 55-248.7:1; 2015, c. 596; 2017, c. 730; 2019, c. 712.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}