HB 258 — Nonjudicial sale of tax delinquent real properties; unimproved properties w/in urban redevelopment.

SESSION ENROLLED VIRGINIA ACTS OF ASSEMBLY ––-- 2024 SESSION CHAPTER E636 An Act to amend and reenact § 58.1-3975 of the Code of Virginia, relating to nonjudicial sale of tax delinquent real properties;

unimproved properties within urban redevelopment or revitalizatiRnrevitalization zone.

O [H 258] Approved LApril L8, 2024 Be it enacted by the General Assembly of Virginia:

E § 58.1-3975.

DA. collecting taxes may sell, at public auction, any parcel of real property that is assessed at $10,000 or less, provided that the taxes on such parcel are delinquent on December 31 following the third anniversary of the date on which such taxes have become due.

B.Notwithstanding any other provision of this title, the treasurer or other officer responsible for collecting taxes may sell, at public auction, any parcel of real property that is assessed at $10,000 or less, provided that the taxes on such parcel are delinquent on December 31 following the third anniversary of the date on which such taxes have become due.

The treasurer or other officer responsible for collecting taxes may in addition sell, at public auction, any parcel of real property that is assessed at more than $10,000 but no more than $25,000,$25,000,c provided that the taxes on such parcel are delinquent on December 31 following the third anniversary of the date on which such taxes have become due, it is not subject to a recorded mortgage or deed Hfof trust lien, and such parcel:

21. 2.

Is unimproved and measures no more than 43,560 square feet (1.0 acre);

2.

or For6. purposes of determining the area of any parcel, the area or acreage found in the locality's land book shall be determinative.

Has been declared by the locality to be blighted as that term is defined in § 36-3.

For purposes of determining the area of any parcel, the area or acreage found in the locality's land book shall be determinative.

The treasurer or other duly authorized official responsible for collecting taxes may in addition sell, at public auction, any parcel of real property that is assessed at more than $25,000 but no more than $40,000, provided that the taxes on such parcel are delinquent on December 31 following the third anniversary of the date on which such taxes have become due, such parcel is not subject to a recorded mortgage or deed of trust lien, such parcel is within an area designated by the local governing body as an urban redevelopment or revitalization zone, and such parcel is unimproved and measures no more acreagethan found21,825 insquare thefeet locality's(0.5 landacre). book shall be determinative.he area of any parcel, the area or D.

For purposes of determining the area of any parcel, the area or acreage found in the locality's land book shall be determinative.

D.

toD. be published in the legal classified section of a newspaper of general circulation in the locality inle which the property is located at least seven days prior to the sale;

E.

The treasurer or other officer responsible for collecting taxes shall also cause a notice of sale to be published in the legal classified section of a newspaper of general circulation in the locality in which the property is located at least seven days prior to the sale;

theF. owner of such parcel for payment over time.ible for collecting taxes may enter into an agreement with G.

G.

The treasurer or other officer responsible for collecting taxes may enter into an agreement with the owner of such parcel for payment over time.

G.

The owner of any property, or other interested party, may redeem it at any time prior to the of 2 date of the sale by paying all accumulated taxes, penalties, interest, and costs thereon, including reasonable attorney fees.

Partial payment of delinquent taxes, penalties, interest, or costs shall be of 2 insufficient to redeem the property and shall not operate to suspend, invalidate, or nullify any sale brought pursuant to this section.