Norfolk, VA asked in Real Estate Law for Virginia

Q: Home has been sit vacant for 5 yrs. Mort comp lists on last deed of trust does not own prop. Is new comp req 2 file dee

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1 Lawyer Answer

A: English is also a useful language. I'm going to guess that "mort" is short for "mortgage" rather than the old French word for "dead;" "dee" is just a typo for "deed;" "sit" is a grammatical error for "sitting;" "comp" is short for "comparable value" as determined by an appraisal; and "prop." doesn't mean "propellor." If that is all correct, the appraisal from five years ago is irrelevant unless you need paper for the bottom of your bird's cage. But, I have never heard of a Recorder of Deeds who requires an appraisal to file a late-filed deed. A late-filed deed is a dangerous thing in Virginia where the time of recording has significance, but the Recorder usually doesn't care about valuation. That is the job of the tax assessor. I suggest you get a handle on this by retaining counsel to run a title search and clear your title before it gets any messier and any more expensive.

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