A. An environmental covenant and any amendment or termination of the covenant shall be recorded in every locality in which any portion of the real property subject to the covenant is located. For purposes of indexing, a holder shall be treated as a grantee.

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Terms Used In Virginia Code 10.1-1244

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Environmental covenant: means a servitude arising under an environmental response project that imposes activity and use limitations. See Virginia Code 10.1-1238
  • Holder: means the grantee of an environmental covenant as specified in subsection A of § Virginia Code 10.1-1238
  • Locality: means a county, city, or town as the context may require. See Virginia Code 1-221
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.

B. Except as otherwise provided in § 10.1-1245, an environmental covenant is subject to the laws of the Commonwealth governing recording and priority of interests in real property.

2010, c. 691.