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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>86492</law_id><section_number>55.1-3100</section_number><catch_line>Definitions</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>55.1-3102</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="55.1">Property and Conveyances</unit><unit label="subtitle" level="2" order_by="1" identifier="V">Miscellaneous</unit><unit label="chapter" level="3" order_by="1" identifier="31">Release of Specific Property from Judgment Liens</unit></structure><text>
						<section><p>As used in this chapter, unless the context requires a different meaning:
		&#x201C;<span class="dictionary">Date of notice</span>&#x201D; means the date the notice is dispatched by one of the enumerated methods of notice.
		&#x201C;<span class="dictionary">Judgment lien</span>&#x201D; includes a <span class="dictionary">judgment lien</span> pursuant to &#xA7;&#xA0;<a class="law" title="From what time judgment to be a lien on real estate; docketing revived judgment" href="/8.01-458/">8.01-458</a> but does not include any lien in favor of the federal, state, or local government, or any political subdivision thereof, or a lien arising from a judgment in excess of $25,000, exclusive of interest and costs, as of the date of the award, or any judgement lien that was created or recorded within the immediately preceding three years.
		&#x201C;<span class="dictionary">Lien creditor</span>&#x201D; or &#x201C;creditor&#x201D; means the holder, payee, or obligee of a <span class="dictionary">judgment lien</span> and includes the <span class="dictionary">lien creditor</span> as noted on the recorded judgment or abstract of judgment and his successor in interest, including any assignee noted on a recorded assignment or notice of assignment.
		&#x201C;Notice&#x201D; means notice given in writing and sent by (i) certified mail, return receipt requested; (ii) commercial overnight delivery service for same day or next business day delivery; or (iii) the United States Postal Service for next business day delivery. The <span class="dictionary">date of notice</span> shall be stated in such notice.
		&#x201C;<span class="dictionary">Property</span>&#x201D; means the piece or pieces of real <span class="dictionary">property</span> that are the subject of the settlement and cited on the notice and release.
		&#x201C;<span class="dictionary">Settlement agent</span>&#x201D; means the same as it is defined in &#xA7;&#xA0;<a class="law" title="Definitions" href="/55.1-1000/">55.1-1000</a>.</p></section></text><history>2023, c. 550.</history><metadata></metadata></law>
