25.1-300 - Definitions. - Virginia Statutes

§ 25.1-300. Definitions.

As used in this chapter, unless the context requires a different meaning:

"Authorized condemnor" means a condemnor that is specifically authorized bylaw to acquire property through the use of the procedure set forth in thischapter.

"Certificate" means an instrument that, when recorded in the office of theclerk of the circuit court wherein condemnation proceedings are pending orare to be instituted by an authorized condemnor, terminates the interest orestate of the owner of the property described therein and vests defeasibletitle to such property or interest or estate of the owner in the authorizedcondemnor. "Certificate" includes a certificate of deposit and acertificate of take.

"Certificate of deposit" means a certificate filed by an authorizedcondemnor with the court wherein condemnation proceedings are pending or areto be instituted, stating that any sum or sums designated therein shall bepaid pursuant to the order of the court, and which is filed in lieu of thepayment of funds into court as provided in subdivision A 2 of § 25.1-305.

"Certificate of take" means a certificate recorded by an authorizedcondemnor with the court wherein condemnation proceedings are pending or areto be instituted, in connection with which the authorized condemnor hasdeposited funds with the court as provided in subdivision A 1 of § 25.1-305.

(2003, c. 940.)