SESSION ENROLLED VIRGINIA ACTS OF ASSEMBLY ––-- 2024 SESSION CHAPTER E283 An Act to amend and reenact § 64.2-1625 of the Code of Virginia, relating to certain powers of N attorney;
R O [H 336] Approved LApril L2, 1.2024 Be it enacted by the General Assembly of Virginia:
1.
E A.
2.release;
Sell;surrender;
exchange;retain title for security;
conveyencumber; with or without covenants, representations, or warranties;
quitclaim;partition;
easementconsent orto covenant;partitioning;
subject to an easement or covenant;
plat or consent tot to an platting;
contribute to an entity in exchHngeexchange for an interest in that entity;
3 3.
Pledge or mortgage an interest in real property or right incident to real property as secEritysecurity to borrow money or pay, renew, or extend the time of payment of a debt of the principal or a debt R guaranteed by the principal;
sale4. contract, encumbrance, lien, or other claim to real property that exists or is asserted;st, conditional 5.
Release, assign, satisfy, or enforce by litigation or otherwise a mortgage, deed of trust, conditional sale contract, encumbrance, lien, or other claim to real property that exists or is asserted;
5.
and property;chasingd. supplies, hiring assistance or labor, and making repairs or alterations to the real 6.
Purchasing supplies, hiring assistance or labor, and making repairs or alterations to the real property;
6.
c.b.
Exercising anyor votingselling rightsan inoption, personright orof byconversion, proxy;n, or similar right with respect to them;
and 8.c.
Exercising any voting rights in person or by proxy;
8.
An agent under a power of attorney acting under the authority of this section shall not have the authority to create, change, or revoke a transfer on death deed on behalf of the owner of property unless such agent is granted the power to create or change a beneficiary designation as required by exercisingsubdivision anyA authority4 under subsection A, even if the effect of exercising§ of64.2-1622. such authority may be to revoke a transfer on death deed.
This subsection shall not be construed to prohibit such agent from exercising any authority under subsection A, even if the effect of exercising such authority may be to revoke a transfer on death deed.