58.1-3947 - Lease of real estate for collection of taxes. - Virginia Statutes

§ 58.1-3947. Lease of real estate for collection of taxes.

Any real estate in the county, city or town belonging to the person or estateassessed with taxes due on such real estate may be rented or leased by thetreasurer, sheriff, constable or collector, privately or at public outcry,after due publication, in the discretion of such treasurer, sheriff,constable or collector, either at the front door of the courthouse or on thepremises or at some public place in the community where the premises aresituated, after giving not less than fifteen days' notice by printed orwritten notices posted at the front door of the courthouse and at three ormore places in the neighborhood of the real estate to be leased. Such leasingshall be for a term not exceeding one year and for cash sufficient to pay thetaxes due on the real estate so rented and the costs and charges ofadvertising and leasing. When a lease is effected, the treasurer, collector,sheriff or constable leasing such real estate shall put the lessee inpossession thereof and for such purpose shall have like powers as thoseexercised by a sheriff acting under a writ of possession.

(Code 1950, § 58-1003; 1971, Ex. Sess., c. 155; 1984, c. 675.)