Claiming surplus funds in Colonial Heights city
Surplus from sales in Colonial Heights city is held by the county office that conducted the sale, typically the clerk, auditor, or treasurer. We confirm the holding office before anything is filed.
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. A suit has its own limitations analysis.