{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/55.1-2301.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/55.1-2301.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/55.1-2301.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/55.1-2301.html"}],"law_id":56010,"edition_id":1,"section_id":56010,"structure_id":14090,"section_number":"55.1-2301","catch_line":"Exemptions","history":"1978, c. 510, \u00a7 55-338; 1980, c. 546; 2019, c. 712.","full_text":"Unless the method of disposition is adopted for the purposes of evasion of this chapter, the provisions of this chapter shall not apply to:\n\n1\n\nThe sale of a subdivision to a single purchaser for his own account in a single or isolated transaction;2\n\nThe disposition of lots in a subdivision if each lot in the subdivision is at least five acres in size;3\n\nThe disposition of a lot on which there is a residential, commercial, or industrial building, or as to a lot upon which there is a legal obligation on the part of the seller to construct such a building within a period of two years from the date of disposition;4\n\nThe disposition of land pursuant to court order, provided that the court reviews and approves the disposition on an individual basis;5\n\nThe disposition of cemetery lots;6\n\nOffers or dispositions of evidence of indebtedness secured by a mortgage or deed of trust on real estate;7\n\nOffers or dispositions of securities or units of interest issued by a real estate investment trust regulated under any state or federal statute;8\n\nOffers or dispositions of any interest in real estate, oil, gas, or other minerals or any royalty interest in such real estate, oil, gas, or other minerals if the offers or dispositions of such interests are regulated as securities by the United States or by the Commonwealth;9\n\nThe disposition of a lot to any person whose purpose in acquiring the land is to engage in the business of constructing residential, commercial, or industrial buildings on such land;10\n\nThe lease of a lot where the right to possession or the rental term does not exceed one year in the aggregate and where the conditions of the lease do not obligate the lessee to renew;11\n\nThe sale or lease of condominium units registered pursuant to the Virginia Condominium Act (§ 55.1-1900 et seq.); or12\n\nThe disposition of real estate that is zoned or otherwise designated by the appropriate governmental authority for, or restricted by a valid recorded declaration of covenants to, commercial or industrial use.","order_by":null,"text":{"0":{"id":205271,"text":"Unless the method of disposition is adopted for the purposes of evasion of this chapter, the provisions of this chapter shall not apply to:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":205272,"text":"The sale of a subdivision to a single purchaser for his own account in a single or isolated transaction;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":205273,"text":"The disposition of lots in a subdivision if each lot in the subdivision is at least five acres in size;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":205274,"text":"The disposition of a lot on which there is a residential, commercial, or industrial building, or as to a lot upon which there is a legal obligation on the part of the seller to construct such a building within a period of two years from the date of disposition;","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":205275,"text":"The disposition of land pursuant to court order, provided that the court reviews and approves the disposition on an individual basis;","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3","next_prefix":"5"},"5":{"id":205276,"text":"The disposition of cemetery lots;","type":"section","prefixes":["5"],"prefix":"5","entire_prefix":"5","prefix_anchor":"5","level":1,"prior_prefix":"4","next_prefix":"6"},"6":{"id":205277,"text":"Offers or dispositions of evidence of indebtedness secured by a mortgage or deed of trust on real estate;","type":"section","prefixes":["6"],"prefix":"6","entire_prefix":"6","prefix_anchor":"6","level":1,"prior_prefix":"5","next_prefix":"7"},"7":{"id":205278,"text":"Offers or dispositions of securities or units of interest issued by a real estate investment trust regulated under any state or federal statute;","type":"section","prefixes":["7"],"prefix":"7","entire_prefix":"7","prefix_anchor":"7","level":1,"prior_prefix":"6","next_prefix":"8"},"8":{"id":205279,"text":"Offers or dispositions of any interest in real estate, oil, gas, or other minerals or any royalty interest in such real estate, oil, gas, or other minerals if the offers or dispositions of such interests are regulated as securities by the United States or by the Commonwealth;","type":"section","prefixes":["8"],"prefix":"8","entire_prefix":"8","prefix_anchor":"8","level":1,"prior_prefix":"7","next_prefix":"9"},"9":{"id":205280,"text":"The disposition of a lot to any person whose purpose in acquiring the land is to engage in the business of constructing residential, commercial, or industrial buildings on such land;","type":"section","prefixes":["9"],"prefix":"9","entire_prefix":"9","prefix_anchor":"9","level":1,"prior_prefix":"8","next_prefix":"10"},"10":{"id":205281,"text":"The lease of a lot where the right to possession or the rental term does not exceed one year in the aggregate and where the conditions of the lease do not obligate the lessee to renew;","type":"section","prefixes":["10"],"prefix":"10","entire_prefix":"10","prefix_anchor":"10","level":1,"prior_prefix":"9","next_prefix":"11"},"11":{"id":205282,"text":"The sale or lease of condominium units registered pursuant to the Virginia Condominium Act (§ 55.1-1900 et seq.); or","type":"section","prefixes":["11"],"prefix":"11","entire_prefix":"11","prefix_anchor":"11","level":1,"prior_prefix":"10","next_prefix":"12"},"12":{"id":205283,"text":"The disposition of real estate that is zoned or otherwise designated by the appropriate governmental authority for, or restricted by a valid recorded declaration of covenants to, commercial or industrial use.","type":"section","prefixes":["12"],"prefix":"12","entire_prefix":"12","prefix_anchor":"12","level":1,"prior_prefix":"11"}},"ancestry":[{"id":14090,"edition_id":1,"name":"Subdivided Land Sales Act","identifier":"23","label":"chapter","depth":3,"order_by":1,"parent_id":12914,"metadata":{},"date_created":"2026-06-26 03:46:51","date_modified":"2026-06-26 03:46:51","permalink":{"id":247695,"object_type":"structure","relational_id":14090,"identifier":"23","token":"55.1\/IV\/23","url":"\/55.1\/IV\/23\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12914,"edition_id":1,"name":"Common Interest Communities","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12707,"metadata":{},"date_created":"2026-06-26 03:44:01","date_modified":"2026-06-26 03:44:01","permalink":{"id":246473,"object_type":"structure","relational_id":12914,"identifier":"IV","token":"55.1\/IV","url":"\/55.1\/IV\/","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":71715,"structure_id":14090,"section_number":"55.1-2300","catch_line":"Definitions","url":"\/55.1-2300\/","token":"55.1\/IV\/23\/55.1-2300","metadata":false},{"id":56010,"structure_id":14090,"section_number":"55.1-2301","catch_line":"Exemptions","url":"\/55.1-2301\/","token":"55.1\/IV\/23\/55.1-2301","metadata":false},{"id":64970,"structure_id":14090,"section_number":"55.1-2302","catch_line":"Transfer of ownership","url":"\/55.1-2302\/","token":"55.1\/IV\/23\/55.1-2302","metadata":false},{"id":75889,"structure_id":14090,"section_number":"55.1-2303","catch_line":"Blanket encumbrances","url":"\/55.1-2303\/","token":"55.1\/IV\/23\/55.1-2303","metadata":false},{"id":80560,"structure_id":14090,"section_number":"55.1-2304","catch_line":"Restraints on alienation","url":"\/55.1-2304\/","token":"55.1\/IV\/23\/55.1-2304","metadata":false},{"id":71094,"structure_id":14090,"section_number":"55.1-2305","catch_line":"Management, regulation, and control of subdivisions with common facilities or property owners' associations; assessments; liens","url":"\/55.1-2305\/","token":"55.1\/IV\/23\/55.1-2305","metadata":false},{"id":55216,"structure_id":14090,"section_number":"55.1-2306","catch_line":"Penalties","url":"\/55.1-2306\/","token":"55.1\/IV\/23\/55.1-2306","metadata":false}],"previous_section":{"id":71715,"structure_id":14090,"section_number":"55.1-2300","catch_line":"Definitions","url":"\/55.1-2300\/","token":"55.1\/IV\/23\/55.1-2300","metadata":false},"next_section":{"id":64970,"structure_id":14090,"section_number":"55.1-2302","catch_line":"Transfer of ownership","url":"\/55.1-2302\/","token":"55.1\/IV\/23\/55.1-2302","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/55.1-2301\/","history_text":"

This law was first created in 1978. The record of its establishment is cataloged in chapter 510 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. Unfortunately, the 1978 \u201cActs\u201d aren\u2019t available online. It has been modified 2 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 1980, chapter 546; in 2019, chapter 712<\/a>.<\/p>","references":false,"refers_to":[{"id":55215,"section_number":"55.1-1900","catch_line":"Definitions","order_by":null,"url":"\/55.1-1900\/"}],"permalink":{"id":247701,"object_type":"law","relational_id":56010,"identifier":"55.1-2301","token":"55.1\/IV\/23\/55.1-2301","url":"\/55.1-2301\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/55.1-2301\/","token":"55.1\/IV\/23\/55.1-2301","dublin_core":{"Title":"Exemptions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 55.1-2301","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Unless the method of disposition<\/span> is adopted for the purposes of evasion of this chapter, the provisions of this chapter shall not apply to:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> The sale<\/span> of a subdivision to a single purchaser<\/span> for his own account in a single or isolated transaction; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> The disposition<\/span> of lots<\/span> in a subdivision if each lot<\/span> in the subdivision is at least five acres in size; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> The disposition<\/span> of a lot<\/span> on which there is a residential, commercial, or industrial building, or as to a lot<\/span> upon which there is a legal obligation on the part of the seller to construct such a building within a period of two years from the date of disposition<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> The disposition<\/span> of land pursuant to court order<\/span>, provided that the court reviews and approves the disposition<\/span> on an individual basis; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> The disposition<\/span> of cemetery lots<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> Offers<\/span> or dispositions<\/span> of evidence<\/span> of indebtedness secured by a mortgage or deed of trust on real estate; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

7.<\/span> Offers<\/span> or dispositions<\/span> of securities or units of interest issued by a real estate investment trust regulated under any state or federal statute<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

8.<\/span> Offers<\/span> or dispositions<\/span> of any interest in real estate, oil, gas, or other minerals or any royalty interest in such real estate, oil, gas, or other minerals if the offers<\/span> or dispositions<\/span> of such interests are regulated as securities by the United States or by the Commonwealth; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

9.<\/span> The disposition<\/span> of a lot<\/span> to any person<\/span> whose purpose in acquiring the land is to engage in the business of constructing residential, commercial, or industrial buildings on such land; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

10.<\/span> The lease of a lot<\/span> where the right to possession<\/span> or the rental term does not exceed one year in the aggregate and where the conditions of the lease do not obligate the lessee to renew; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

11.<\/span> The sale<\/span> or lease of condominium units registered pursuant to the Virginia Condominium Act (§ 55.1-1900<\/a> et seq.); or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

12.<\/span> The disposition<\/span> of real estate that is zoned or otherwise designated by the appropriate governmental authority for, or restricted by a valid recorded declaration of covenants to, commercial or industrial use. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nEXEMPTIONS (\u00a7 55.1-2301)\n\nUnless the method of disposition is adopted for the purposes of evasion of this\nchapter, the provisions of this chapter shall not apply to:\n\n1. The sale of a subdivision to a single purchaser for his own account in a\nsingle or isolated transaction;\n\n2. The disposition of lots in a subdivision if each lot in the subdivision is at\nleast five acres in size;\n\n3. The disposition of a lot on which there is a residential, commercial, or\nindustrial building, or as to a lot upon which there is a legal obligation on\nthe part of the seller to construct such a building within a period of two years\nfrom the date of disposition;\n\n4. The disposition of land pursuant to court order, provided that the court\nreviews and approves the disposition on an individual basis;\n\n5. The disposition of cemetery lots;\n\n6. Offers or dispositions of evidence of indebtedness secured by a mortgage or\ndeed of trust on real estate;\n\n7. Offers or dispositions of securities or units of interest issued by a real\nestate investment trust regulated under any state or federal statute;\n\n8. Offers or dispositions of any interest in real estate, oil, gas, or other\nminerals or any royalty interest in such real estate, oil, gas, or other\nminerals if the offers or dispositions of such interests are regulated as\nsecurities by the United States or by the Commonwealth;\n\n9. The disposition of a lot to any person whose purpose in acquiring the land is\nto engage in the business of constructing residential, commercial, or industrial\nbuildings on such land;\n\n10. The lease of a lot where the right to possession or the rental term does not\nexceed one year in the aggregate and where the conditions of the lease do not\nobligate the lessee to renew;\n\n11. The sale or lease of condominium units registered pursuant to the Virginia\nCondominium Act (§ 55.1-1900 et seq.); or\n\n12. The disposition of real estate that is zoned or otherwise designated by the\nappropriate governmental authority for, or restricted by a valid recorded\ndeclaration of covenants to, commercial or industrial use.\n\nHISTORY: 1978, c. 510, \u00a7 55-338; 1980, c. 546; 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}}