Virginia Code 8.01-209: Bond for purchase money to have force of judgment.
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When any bond taken under § 8.01-206 becomes payable and is returned to the office of the court from which the execution issued, it shall have the force of a judgment against such of the obligors therein as may be then alive. Execution may be issued thereon against them. And the same shall be proceeded under in like manner as an execution issued on such a judgment or decree as is mentioned in § 8.01-201, save only that the clerk shall endorse “no security is to be taken,” and the officer shall govern himself accordingly and sell for ready money any real estate which he may levy on under the same.
Terms Used In Virginia Code 8.01-209
- real estate: includes lands, tenements and hereditaments, and all rights and appurtenances thereto and interests therein, other than a chattel interest. See Virginia Code 1-219
Code 1950, § 8-772; 1977, c. 617.