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2014 Virginia Code
Title 55 - Property and Conveyances
§ 55-187. Resale in case of default


VA Code § 55-187 (2014) What's This?

If the purchaser does not pay the purchase money into the state treasury within a reasonable time, deposits, if any, are forfeited and the State Treasurer may, in his discretion, rescind the contract and order a new sale.

Code 1919, ยง 508; 1990, c. 938 .

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