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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>77782</law_id><section_number>19.2-386.12</section_number><catch_line>Sale of forfeited property</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>19.2-386.10</reference><reference>19.2-386.11</reference><reference>19.2-386.14</reference><reference>19.2-386.6</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="19.2">Criminal Procedure</unit><unit label="chapter" level="2" order_by="1" identifier="22.1">Enforcement of Forfeitures</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> Any sale of forfeited property shall be made for cash, after due advertisement. The sale shall be by public sale or other commercially feasible means authorized by the <span class="dictionary">court</span> in the <span class="dictionary">order</span> of forfeiture and shall vest in the purchaser a clear and absolute title to the property sold subject to the rights of any <span class="dictionary">lien</span> holder whose interest is not forfeited. The proceeds of sale, and whatever may be realized on any <span class="dictionary">bond</span> given under &#xA7; <a class="law" title="Bond to secure possession" href="/19.2-386.6/">19.2-386.6</a>, and any money forfeited shall be paid over to the state treasury into a special fund of the Department of Criminal Justice Services in accordance with &#xA7; <a class="law" title="Sharing of forfeited assets" href="/19.2-386.14/">19.2-386.14</a>. <a id="paragraph-278959" class="section-permalink" href="https://vacode.org/19.2-386.12/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> In all cases of forfeiture under this section, the actual expenses incident to the <span class="dictionary">custody</span>, preservation, and management of the seized property prior to forfeiture, the actual expenses incident to normal legal proceedings to perfect the Commonwealth&#x2019;s interest in the seized property through forfeiture, and the actual expenses incident to the sale thereof, including commissions, shall be taxed as costs and shall be paid to the person or persons who incurred these costs out of the net proceeds from the sale of such property. If there are no proceeds, the actual expenses shall be paid by the Commonwealth from the Criminal Fund. Actual expenses in excess of the available net proceeds shall be paid by the Commonwealth from the Criminal Fund. The <span class="dictionary">party</span> or parties in interest to any forfeiture proceeding commenced under this section shall be entitled to reasonable attorney&#x2019;s fees and costs if the forfeiture proceeding is terminated in favor of such <span class="dictionary">party</span> or parties. Such fees and costs shall be paid by the Commonwealth from the Criminal Fund.
			The residue, if any, shall be paid and disbursed as provided in subsection A of &#xA7; <a class="law" title="Forfeiture; default judgment; remission; trial" href="/19.2-386.10/">19.2-386.10</a> and &#xA7; <a class="law" title="Sharing of forfeited assets" href="/19.2-386.14/">19.2-386.14</a> and regulations promulgated by the Criminal Justice Services Board. <a id="paragraph-278960" class="section-permalink" href="https://vacode.org/19.2-386.12/#B"><i class="fa fa-link"/></a></p></section></text><history>1989, c. 690; 1991, c. 560.</history><metadata></metadata></law>
