Bill > HB2362

This bill amends several sections of Virginia law related to the sale of real estate for delinquent taxes, introducing several key changes to simplify and clarify the legal process. The bill modifies procedures for judicial sales of properties with unpaid taxes, including expanding the types of parties who must be named in such proceedings and standardizing notice requirements. Specifically, the bill requires that any party with an interest in the property (such as lienholders, individuals with a claim of title, or trustees under a deed of trust) must be named as defendants in tax sale proceedings. The legislation also updates rules about publication of notices, making them more consistent across different types of legal actions. Notably, the bill restricts the ability to file a bill of review for decrees entered to sell real estate for delinquent taxes, which could make it more difficult to challenge such sales after they have occurred. The bill also provides more detailed provisions for how excess proceeds from tax sales should be handled, including specifying how surplus funds should be distributed and establishing procedures for potential recovery by former property owners. These changes are intended to streamline the process of selling properties with delinquent taxes while providing more clarity and fairness in how such sales are conducted.

Budget and Finance, Justice

https://lis.virginia.gov/bill-details/20251/HB2362