Virginia Code 64.2-522: Personal representatives to pay over sale proceeds and rents to persons entitled.
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An executor or administrator shall faithfully pay the rents and profits or proceeds of sale of real estate that lawfully come into his possession, or into the possession of any person for him, to such persons entitled thereto.
Terms Used In Virginia Code 64.2-522
- Executor: A male person named in a will to carry out the decedent
- Person: includes any individual, corporation, partnership, association, cooperative, limited liability company, trust, joint venture, government, political subdivision, or any other legal or commercial entity and any successor, representative, agent, agency, or instrumentality thereof. See Virginia Code 1-230
- 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, § 64-141; 1968, c. 656, § 64.1-151; 2012, c. 614.