Virginia Statutes

§ 15.2-1800.1 — Tenancy in common with school board for certain property

Virginia § 15.2-1800.1
JurisdictionVirginia
Title 15.2COUNTIES, CITIES AND TOWNS
Subtitle IIPOWERS OF LOCAL GOVERNMENT
Ch. 18BUILDINGS, MONUMENTS AND LANDS GENERALLY
Art. 1PURCHASE, SALE, ETC., OF REAL PROPERTY

This text of Virginia § 15.2-1800.1 (Tenancy in common with school board for certain property) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 15.2-1800.1 (2026).

Text

Notwithstanding the provisions of § 22.1-125 or any other provision of law, whenever a locality has incurred a financial obligation, payable over more than one fiscal year, to fund the acquisition, construction or improvement of public school property, the local governing body of the locality shall be deemed to have acquired title to such school property, as a tenant in common with the local school board, for the term of such financial obligation. Such tenancy in common shall arise by operation of law when such financial obligation is incurred by the local governing body, and shall terminate by operation of law when such financial obligation has been paid in full. Neither the creation nor the termination of this tenancy in common shall require the execution or recordation of any deed of co

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

2002, c. 674.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Virginia § 15.2-1800.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/15.2/15.2-1800.1.