{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/55.1-2425.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/55.1-2425.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/55.1-2425.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/55.1-2425.html"}],"law_id":63695,"edition_id":1,"section_id":63695,"structure_id":13845,"section_number":"55.1-2425","catch_line":"Resale in case of default","history":"Code 1919, \u00a7 508; Code 1950, \u00a7 55-187; 1990, c. 938; 2019, c. 712.","full_text":"If the purchaser does not pay the purchase money into the state treasury within a reasonable time, any deposit is forfeited, and the State Treasurer may rescind the contract and order a new sale.","order_by":null,"text":{"0":{"id":232008,"text":"If the purchaser does not pay the purchase money into the state treasury within a reasonable time, any deposit is forfeited, and the State Treasurer may rescind the contract and order a new sale.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13845,"edition_id":1,"name":"Escheats","identifier":"24","label":"chapter","depth":3,"order_by":1,"parent_id":12708,"metadata":{},"date_created":"2026-06-26 03:46:03","date_modified":"2026-06-26 03:46:03","permalink":{"id":247773,"object_type":"structure","relational_id":13845,"identifier":"24","token":"55.1\/V\/24","url":"\/55.1\/V\/24\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12708,"edition_id":1,"name":"Miscellaneous","identifier":"V","label":"subtitle","depth":2,"order_by":1,"parent_id":12707,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":247771,"object_type":"structure","relational_id":12708,"identifier":"V","token":"55.1\/V","url":"\/55.1\/V\/","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":76052,"structure_id":13845,"section_number":"55.1-2400","catch_line":"Definition","url":"\/55.1-2400\/","token":"55.1\/V\/24\/55.1-2400","metadata":false},{"id":56710,"structure_id":13845,"section_number":"55.1-2401","catch_line":"Appointment of escheators","url":"\/55.1-2401\/","token":"55.1\/V\/24\/55.1-2401","metadata":false},{"id":69679,"structure_id":13845,"section_number":"55.1-2402","catch_line":"Bond of escheator","url":"\/55.1-2402\/","token":"55.1\/V\/24\/55.1-2402","metadata":false},{"id":58339,"structure_id":13845,"section_number":"55.1-2403","catch_line":"Increase or reduction of penalty of escheator's bond; effect","url":"\/55.1-2403\/","token":"55.1\/V\/24\/55.1-2403","metadata":false},{"id":77792,"structure_id":13845,"section_number":"55.1-2404","catch_line":"Annual report to escheator; lands not liable","url":"\/55.1-2404\/","token":"55.1\/V\/24\/55.1-2404","metadata":false},{"id":78504,"structure_id":13845,"section_number":"55.1-2405","catch_line":"Escheator to hold inquest; notice of inquest","url":"\/55.1-2405\/","token":"55.1\/V\/24\/55.1-2405","metadata":false},{"id":64508,"structure_id":13845,"section_number":"55.1-2406","catch_line":"Jury of inquest; presentation of evidence","url":"\/55.1-2406\/","token":"55.1\/V\/24\/55.1-2406","metadata":false},{"id":67691,"structure_id":13845,"section_number":"55.1-2407","catch_line":"Attendance of jurors; compensation","url":"\/55.1-2407\/","token":"55.1\/V\/24\/55.1-2407","metadata":false},{"id":80657,"structure_id":13845,"section_number":"55.1-2408","catch_line":"How verdict signed; where returned and recorded","url":"\/55.1-2408\/","token":"55.1\/V\/24\/55.1-2408","metadata":false},{"id":75629,"structure_id":13845,"section_number":"55.1-2409","catch_line":"Proceedings to claim land escheated","url":"\/55.1-2409\/","token":"55.1\/V\/24\/55.1-2409","metadata":false},{"id":67698,"structure_id":13845,"section_number":"55.1-2410","catch_line":"Trial by jury; judgment of court","url":"\/55.1-2410\/","token":"55.1\/V\/24\/55.1-2410","metadata":false},{"id":75755,"structure_id":13845,"section_number":"55.1-2411","catch_line":"Facts or evidence to be certified","url":"\/55.1-2411\/","token":"55.1\/V\/24\/55.1-2411","metadata":false},{"id":69951,"structure_id":13845,"section_number":"55.1-2412","catch_line":"Lands may be committed to claimant while claim pending","url":"\/55.1-2412\/","token":"55.1\/V\/24\/55.1-2412","metadata":false},{"id":64880,"structure_id":13845,"section_number":"55.1-2413","catch_line":"Disposition of lands while claim is pending, if not committed to claimant","url":"\/55.1-2413\/","token":"55.1\/V\/24\/55.1-2413","metadata":false},{"id":79488,"structure_id":13845,"section_number":"55.1-2414","catch_line":"Escheator to notify State Treasurer of claim and decision","url":"\/55.1-2414\/","token":"55.1\/V\/24\/55.1-2414","metadata":false},{"id":83787,"structure_id":13845,"section_number":"55.1-2415","catch_line":"Escheators to certify lands escheated","url":"\/55.1-2415\/","token":"55.1\/V\/24\/55.1-2415","metadata":false},{"id":74839,"structure_id":13845,"section_number":"55.1-2416","catch_line":"Removal of parcels from the certificate","url":"\/55.1-2416\/","token":"55.1\/V\/24\/55.1-2416","metadata":false},{"id":64746,"structure_id":13845,"section_number":"55.1-2417","catch_line":"Escheat of property with hazardous materials","url":"\/55.1-2417\/","token":"55.1\/V\/24\/55.1-2417","metadata":false},{"id":58743,"structure_id":13845,"section_number":"55.1-2418","catch_line":"Publication of escheator's certificate","url":"\/55.1-2418\/","token":"55.1\/V\/24\/55.1-2418","metadata":false},{"id":72864,"structure_id":13845,"section_number":"55.1-2419","catch_line":"Order of sale by Governor","url":"\/55.1-2419\/","token":"55.1\/V\/24\/55.1-2419","metadata":false},{"id":81462,"structure_id":13845,"section_number":"55.1-2420","catch_line":"Form of sale agreement; notice of right to refund","url":"\/55.1-2420\/","token":"55.1\/V\/24\/55.1-2420","metadata":false},{"id":64619,"structure_id":13845,"section_number":"55.1-2421","catch_line":"When grant to issue to purchaser; reimbursable expenses","url":"\/55.1-2421\/","token":"55.1\/V\/24\/55.1-2421","metadata":false},{"id":66352,"structure_id":13845,"section_number":"55.1-2422","catch_line":"Form of grant of escheated property","url":"\/55.1-2422\/","token":"55.1\/V\/24\/55.1-2422","metadata":false},{"id":75826,"structure_id":13845,"section_number":"55.1-2423","catch_line":"Governor to sign and seal grant; Librarian of Virginia to record it; delivery to and by State Treasurer","url":"\/55.1-2423\/","token":"55.1\/V\/24\/55.1-2423","metadata":false},{"id":72994,"structure_id":13845,"section_number":"55.1-2424","catch_line":"Recordation of certified copy of grant","url":"\/55.1-2424\/","token":"55.1\/V\/24\/55.1-2424","metadata":false},{"id":63695,"structure_id":13845,"section_number":"55.1-2425","catch_line":"Resale in case of default","url":"\/55.1-2425\/","token":"55.1\/V\/24\/55.1-2425","metadata":false},{"id":84685,"structure_id":13845,"section_number":"55.1-2426","catch_line":"Reports by escheators to State Treasurer","url":"\/55.1-2426\/","token":"55.1\/V\/24\/55.1-2426","metadata":false},{"id":75386,"structure_id":13845,"section_number":"55.1-2427","catch_line":"Reports by State Treasurer to the Governor; penalty on escheators for failure of duty","url":"\/55.1-2427\/","token":"55.1\/V\/24\/55.1-2427","metadata":false},{"id":81877,"structure_id":13845,"section_number":"55.1-2428","catch_line":"State Treasurer may examine records of any escheator, commissioner of the revenue, or treasurer","url":"\/55.1-2428\/","token":"55.1\/V\/24\/55.1-2428","metadata":false},{"id":66825,"structure_id":13845,"section_number":"55.1-2429","catch_line":"When State Treasurer to issue grant to purchaser","url":"\/55.1-2429\/","token":"55.1\/V\/24\/55.1-2429","metadata":false},{"id":65327,"structure_id":13845,"section_number":"55.1-2430","catch_line":"Escheator's pay","url":"\/55.1-2430\/","token":"55.1\/V\/24\/55.1-2430","metadata":false},{"id":67261,"structure_id":13845,"section_number":"55.1-2431","catch_line":"Escheat of estates in trust and equitable titles","url":"\/55.1-2431\/","token":"55.1\/V\/24\/55.1-2431","metadata":false},{"id":65255,"structure_id":13845,"section_number":"55.1-2432","catch_line":"Provision in favor of tenant of escheated land","url":"\/55.1-2432\/","token":"55.1\/V\/24\/55.1-2432","metadata":false},{"id":70882,"structure_id":13845,"section_number":"55.1-2433","catch_line":"In favor of creditor of decedent","url":"\/55.1-2433\/","token":"55.1\/V\/24\/55.1-2433","metadata":false},{"id":82338,"structure_id":13845,"section_number":"55.1-2434","catch_line":"Escheators to defend on behalf of Commonwealth","url":"\/55.1-2434\/","token":"55.1\/V\/24\/55.1-2434","metadata":false},{"id":82750,"structure_id":13845,"section_number":"55.1-2435","catch_line":"Recovery by escheator of decedent's escheated residue and of property abandoned or derelict; fee","url":"\/55.1-2435\/","token":"55.1\/V\/24\/55.1-2435","metadata":false},{"id":62613,"structure_id":13845,"section_number":"55.1-2436","catch_line":"Publication of action; what to state and require","url":"\/55.1-2436\/","token":"55.1\/V\/24\/55.1-2436","metadata":false},{"id":54863,"structure_id":13845,"section_number":"55.1-2437","catch_line":"Order of the court","url":"\/55.1-2437\/","token":"55.1\/V\/24\/55.1-2437","metadata":false},{"id":56856,"structure_id":13845,"section_number":"55.1-2438","catch_line":"How money paid into state treasury from escheats may be recovered","url":"\/55.1-2438\/","token":"55.1\/V\/24\/55.1-2438","metadata":false},{"id":55519,"structure_id":13845,"section_number":"55.1-2439","catch_line":"Regulations of the State Treasurer","url":"\/55.1-2439\/","token":"55.1\/V\/24\/55.1-2439","metadata":false},{"id":59192,"structure_id":13845,"section_number":"55.1-2440","catch_line":"Continuation of certain statutes","url":"\/55.1-2440\/","token":"55.1\/V\/24\/55.1-2440","metadata":false},{"id":68978,"structure_id":13845,"section_number":"55.1-2441","catch_line":"Pendency of escheat proceedings no bar to condemnation proceedings","url":"\/55.1-2441\/","token":"55.1\/V\/24\/55.1-2441","metadata":false}],"previous_section":{"id":72994,"structure_id":13845,"section_number":"55.1-2424","catch_line":"Recordation of certified copy of grant","url":"\/55.1-2424\/","token":"55.1\/V\/24\/55.1-2424","metadata":false},"next_section":{"id":84685,"structure_id":13845,"section_number":"55.1-2426","catch_line":"Reports by escheators to State Treasurer","url":"\/55.1-2426\/","token":"55.1\/V\/24\/55.1-2426","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/55.1-2425\/","history_text":"<p>The record of this law\u2019s original creation isn\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 1990, chapter 938; 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":247875,"object_type":"law","relational_id":63695,"identifier":"55.1-2425","token":"55.1\/V\/24\/55.1-2425","url":"\/55.1-2425\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/55.1-2425\/","token":"55.1\/V\/24\/55.1-2425","dublin_core":{"Title":"Resale in case of default","Type":"Text","Format":"text\/html","Identifier":"\u00a7 55.1-2425","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>If the purchaser does not pay the purchase money into the state treasury within a reasonable time, any deposit is forfeited, and the State Treasurer may rescind the <span class=\"dictionary\">contract<\/span> and <span class=\"dictionary\">order<\/span> a new sale.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nRESALE IN CASE OF DEFAULT (\u00a7 55.1-2425)\n\nIf the purchaser does not pay the purchase money into the state treasury within\na reasonable time, any deposit is forfeited, and the State Treasurer may rescind\nthe contract and order a new sale.\n\nHISTORY: Code 1919, \u00a7 508; Code 1950, \u00a7 55-187; 1990, c. 938; 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}}