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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>69736</law_id><section_number>34-20</section_number><catch_line>Proceeds of sale of estate exempt; how evidenced</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>34-13</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="34">Homestead and Other Exemptions</unit><unit label="chapter" level="2" order_by="1" identifier="2">Homestead Exemption of Householder</unit></structure><text>
						<section><p>The estate or property in which proceeds of sale are invested, or which may be acquired in exchange, under any of the preceding sections of this chapter, shall be held <span class="dictionary">exempt</span> in like manner and to the like extent as the estate sold or exchanged was held. But such estate or property when acquired in exchange or otherwise than by investment under an <span class="dictionary">order</span> of <span class="dictionary">court</span>, or unless when set apart by a <span class="dictionary">court</span>, shall be set apart, if real estate, by such a writing as is prescribed by &#xA7;&#xA0;<a class="law" title="How exemption of real estate secured; form to claim exemption of real property" href="/34-6/">34-6</a>; if personal estate, by such a writing as is prescribed by &#xA7;&#xA0;<a class="law" title="How set apart in personal estate; form to claim exemption of personal property" href="/34-14/">34-14</a>; and such writing shall be recorded as provided by the same sections, respectively. In addition to the requirements of such sections, the writing shall state from what source the estate was derived and with what means acquired. When such estate is invested or set apart under an <span class="dictionary">order</span> of <span class="dictionary">court</span>, a copy of the <span class="dictionary">order</span> and of any report of a commissioner or other officer making the investment thereunder, if confirmed, and a copy of the <span class="dictionary">order</span> of confirmation, duly certified by the clerk of the <span class="dictionary">court</span>, shall be recorded in the deed book of the county or city wherein the writing, if the estate had been set apart by a writing, is required to be recorded.</p></section></text><history>Code 1919, &#xA7; 6546.</history><metadata></metadata></law>
