Virginia § 43-13.2 - When an affidavit or a signed statement of payment required of owner prior to sale
Full text of Virginia Code of Virginia § 43-13.2 — When an affidavit or a signed statement of payment required of owner prior to sale, with citation guidance and answers to common questions.
§ 43-13.2. When an affidavit or a signed statement of payment required of owner prior to sale
A person who is both the owner of a one- or two-family residential dwelling unit and either a developer of such property, a contractor in connection with the development or improvement of such property or a contractor or subcontractor furnishing labor or material in connection with the development or improvement of such property shall, at the time of settlement on the sale of such property, provide the purchaser with an affidavit or a signed statement attested to by a witness stating either (i) that all persons performing labor or furnishing materials in connection with the improvements on such property and with whom such owner is in privity of contract have been paid in full or (ii) the name, address and amount payable or claimed to be payable to any person so performing labor or furnishing materials and with whom such owner is in privity of contract. Willful failure to provide such statement or any willful material misrepresentation with respect to such a statement which causes a monetary loss to a financial institution, title company, contractor, subcontractor, supplier, owner, mechanics' lien agent or any other person or institution shall be punishable as a Class 5 felony.
1992, cc. 779, 787; 2003, c. 400.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 43-13.2
What does Code of Virginia § 43-13.2 cover?
Section 43-13.2 ("When an affidavit or a signed statement of payment required of owner prior to sale") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 43-13.2?
A common citation format is "Code of Virginia § 43-13.2" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 43-13.2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.