                                 CODE OF VIRGINIA

WHEN SUPPLEMENTAL WRITINGS NOT TAXABLE (§ 58.1-809)

Sections 58.1-803, 58.1-807, and 58.1-808 are not to be construed as requiring
the payment of any tax for the recordation of any deed of trust, deed of
subordination, mortgage, contract, agreement, modification, addendum, or other
writing that is supplemental to any deed of trust, mortgage, contract,
agreement, modification, addendum, or other writing theretofore admitted to
record upon which the tax herein imposed has been paid, or which is exempt from
the tax herein imposed by reason of subsection C of § 58.1-804, when the sole
purpose and effect of the supplemental instrument is to wrap around a prior
instrument, to convey property, in addition to or in substitution, in whole or
in part, of the property conveyed in a prior instrument, to secure or to better
secure the payment of the amount contracted for in a prior instrument, to alter
the priority of a prior instrument, or to modify the terms, conditions, parties,
or provisions of a prior instrument, other than to increase the amount of the
principal obligation secured thereby.
		The assumption of a deed of trust shall not be separately taxable under §
58.1-801, 58.1-803 or 58.1-807, whether such assumption is by a separate
instrument or included in the deed of conveyance.

HISTORY: Code 1950, § 58-60; 1977, c. 153; 1981, c. 621; 1984, c. 675; 2015,
cc. 434, 488.