2006 Code of Virginia § 15.2-958.1 - Sale of certain property in certain cities

15.2-958.1. Sale of certain property in certain cities.

A. Any city with a population between 200,000 and 210,000 may by ordinanceprovide for the sale of property for the nominal amount of one dollar if suchproperty (i) has been acquired in accordance with 58.1-3970 or 58.1-3970.1 or (ii) has been declared a blighted structure and has beenacquired by the city in accordance with 36-49.1:1.

B. If the city sells a property acquired under subsection A, the city shallrequire any purchaser by covenants in the deed or other security instrumentto (i) begin repair or renovation of the property within six months ofpurchase and (ii) complete all repairs or renovations necessary to bring theproperty into compliance with the local building code within a period not toexceed two years of the purchase. The city may include any additionalreasonable conditions it deems appropriate in order to carry out the intentof this section and assure that the property is repaired or renovated inaccordance with applicable codes.

C. A "blighted structure" means a structure as defined in 36-49.Notwithstanding any other provisions of law, such city may exercise withinits boundaries any spot blight abatement procedures set forth in 36-49.1:1.The owner shall have the opportunity to take corrective action or present areasonable plan to do so in accordance with such section.

(2000, c. 364.)