Virginia Code 8.01-84: Application of proceeds of sale to payment of lien.
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When there are liens on the interest of any party in the subject so sold, the court may, on the petition of any person holding a lien, ascertain the liens, and apply the dividend of such party in the proceeds of sale to the discharge thereof, so far as the same may be necessary.
Terms Used In Virginia Code 8.01-84
- Lien: A claim against real or personal property in satisfaction of a debt.
- Person: shall include individuals, a trust, an estate, a partnership, an association, an order, a corporation, or any other legal or commercial entity;
6. See Virginia Code 8.01-2
Code 1950, § 8-693; 1977, c. 617.