Virginia Code § 55-79.21:1 - Deposits to be held in escrow
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§ 55-79.21:1. Deposits to be held in escrow.
Any deposit made with a reservation to purchase or a contract to purchase shall be held in escrow in a separate fund for such deposits designated as such until the deed for which a deposit was made is delivered to the depositor.
(1973, c. 375.)