Virginia Code 8.01-463: Enforcement of lien when judgment does not exceed $25,000.
Current as of: 2024 | Check for updates
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No bill to enforce a lien pursuant to § 8.01-462 shall be entertained if the real estate is the judgment debtor’s primary residence and the amount of the judgment exclusive of interest and costs does not exceed $25,000. However, if the judgment is for assessments levied by a common interest community association pursuant to Chapter 18 of Title 55.1, no bill to enforce a lien shall be entertained if the total amount secured by one or more judgments exclusive of interest and costs does not exceed $5,000.
Terms Used In Virginia Code 8.01-463
- Lien: A claim against real or personal property in satisfaction of a debt.
- 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, § 8-392; 1977, c. 617; 2021, Sp. Sess. I, cc. 91, 92; 2024, cc. 55, 349.