Virginia surplus funds recovery

Va. Code § 58.1-3967 governs judicial delinquent-tax surplus, while § 58.1-3975(K) governs a separate limited nonjudicial tax-sale procedure. For a judicial sale, claim within two years after sale confirmation.

Va. Code § 58.1-3967 governs judicial delinquent-tax surplus, while § 58.1-3975(K) governs a separate limited nonjudicial tax-sale procedure. For a judicial sale, claim within two years after sale confirmation. For a limited nonjudicial sale, claim and arrange the circuit-court hearing within two years after sale.

For a limited nonjudicial sale, claim and arrange the circuit-court hearing within two years after sale. A locality's later payment of judicial-sale funds may be discretionary under ordinance.

Va. Code § 55.1-324(A)(3) governs deed-of-trust proceeds, paying expenses, priority taxes, secured and inferior recorded liens, then residue to the grantor or assigns; § 55.1-331 addresses deceased grantors. Section 55.1-324 sets no separate fixed initial grantor surplus deadline.

Va. Code § 55.1-324(A)(3) governs deed-of-trust proceeds, paying expenses, priority taxes, secured and inferior recorded liens, then residue to the grantor or assigns; § 55.1-331 addresses deceased grantors. Section 55.1-324 sets no separate fixed initial grantor surplus deadline. The trustee must account under § 64.2-1309 and distribute residue; request accounting promptly.

The trustee must account under § 64.2-1309 and distribute residue; request accounting promptly. A suit has its own limitations analysis.

Va. Code tit. 55.1, ch. 25 governs unclaimed property, with initial claims under § 55.1-2532 and judicial review under § 55.1-2534. Section 55.1-2532 sets no fixed general initial owner-claim deadline.

Va. Code tit. 55.1, ch. 25 governs unclaimed property, with initial claims under § 55.1-2532 and judicial review under § 55.1-2534. Section 55.1-2532 sets no fixed general initial owner-claim deadline. Review of an adverse or unacted-on claim must begin within three years after the decision or filing, respectively.

Section 55.1-2532 sets no fixed general initial owner-claim deadline. Review of an adverse or unacted-on claim must begin within three years after the decision or filing, respectively.

A locality's later payment of judicial-sale funds may be discretionary under ordinance. A suit has its own limitations analysis. Review of an adverse or unacted-on claim must begin within three years after the decision or filing, respectively.