™Your Policy Risk Impact Agent
32 chapters · 875 sections in this title.
Va. Code Ann. § 55.1-3100 Definitions
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As used in this chapter, unless the context requires a different meaning: "Date of notice" means the date the notice is dispatched by one of the enumerated methods of notice. "Judgment lien" includes a judgment lien pursuant to § 8.01-458 but does not include any lien in favor of…
Va. Code Ann. § 55.1-3101 Release of judgment lien by settlement agent; notice to lien creditor
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A. A settlement agent may release property from a judgment lien in accordance with the provisions of this section if (i) the settlement agent has made a written request for a payoff amount from the lien creditor and his counsel of record, if any, as reflected in the judgment, jud…
Va. Code Ann. § 55.1-3102 Certificate of release and affidavit of settlement agent
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A. If, within 30 days following the date of notice of the notice of intent to release pursuant to § 55.1-3101, the lien creditor has not sent by (i) certified mail, return receipt requested, (ii) commercial delivery service for same day or next business day delivery, (iii) the Un…
Va. Code Ann. § 55.1-3103 Effect of filing of certificate of release
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A certificate of release filed or recorded with the clerk of court in the jurisdiction in which the property is located, provided that such certificate of release satisfies all the requirements prescribed in § 55.1-3102, shall operate as a release of a judgment lien of the specif…