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SB1422

Lease agreements; requirements, emergency.

Status:
Enacted

Chief Patron:
Mark Obenshain (R)

Session:
2019 Regular Session

Summary

As Introduced. Lease agreements; requirements; emergency.

Specifies that a lease agreement or other written document conveying a non-freehold estate in land is not invalid, unenforceable, or subject to repudiation by the parties to such agreement on account of, or otherwise affected by, the fact that the conveyance of the estate was not in the form of a deed. Current law requires a lease for a term of more than five years to be in the form of a deed. The bill further replaces all references throughout the Code to "deed of lease" with the term "lease." This bill is in response to The Game Place, L.L.C., et al. v. Fredericksburg 35, LLC, 295 Va. 396, 813 S.E.2d 312 (Va. 2018). The bill contains an emergency clause and is identical to HB 2287. (Less)

  • Bill History

  • 01/08/2019 - Senate: Prefiled and ordered printed with emergency clause; offered 01/09/19 19101654D
  • 01/08/2019 - Senate: Referred to Committee for Courts of Justice
  • 01/14/2019 - Senate: Reported from Courts of Justice (13-Y 0-N)
  • 01/15/2019 - Senate: Constitutional reading dispensed (40-Y 0-N)
  • 01/16/2019 - Senate: Read second time and engrossed
  • 01/17/2019 - Senate: Read third time and passed Senate (40-Y 0-N)
  • 01/21/2019 - House: Placed on Calendar
  • 01/21/2019 - House: Read first time
  • 01/21/2019 - House: Referred to Committee on General Laws
  • 02/05/2019 - House: Reported from General Laws (21-Y 0-N)
  • 02/07/2019 - House: Read second time
  • 02/08/2019 - House: Read third time
  • 02/08/2019 - House: Passed House BLOCK VOTE (99-Y 0-N)
  • 02/08/2019 - House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
  • 02/11/2019 - Senate: Enrolled
  • 02/11/2019 - Senate: Bill text as passed Senate and House (SB1422ER)
  • 02/11/2019 - Senate: Signed by President
  • 02/11/2019 - House: Signed by Speaker
  • 02/12/2019 - Senate: Enrolled Bill Communicated to Governor on February 12, 2019
  • 02/12/2019 - Governor: Governor's Action Deadline Midnight, February 19, 2019
  • 02/19/2019 - Governor: Approved by Governor-Chapter 49 (effective 2/19/19)
  • 02/19/2019 - Governor: Acts of Assembly Chapter text (CHAP0049)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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