Virginia § 55.1-3201 - Exemptions
Full text of Virginia Code of Virginia § 55.1-3201 — Exemptions, with citation guidance and answers to common questions.
§ 55.1-3201. Exemptions
This chapter shall not apply to:
1. A home warranty or similar product that covers the cost of maintenance of a major home system, such as plumbing, HVAC, or electrical wiring, for a specific period of time;
2. An insurance contract;
3. An option or right of refusal to purchase residential real property;
4. A declaration created in the formation of a common interest community as defined in § 54.1-2345 or any amendment thereto;
5. A maintenance or repair agreement entered into by a property owners' association in a common interest community;
6. A mortgage loan or commitment to make or receive a mortgage loan;
7. An agreement relating to the sale or rental of personal property;
8. Water, sewer, electrical, telephone, cable, or other regulated utility service providers;
9. A property management agreement by which the owner of the real property contracts with a party to provide management services for the maintenance, ownership, operation, or lease of a residential premises; or
10. A mechanic's lien, as established by § 43-1.
Frequently Asked Questions About Virginia § 55.1-3201
What does Code of Virginia § 55.1-3201 cover?
Section 55.1-3201 ("Exemptions") 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 § 55.1-3201?
A common citation format is "Code of Virginia § 55.1-3201" (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 § 55.1-3201 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.