Virginia § 64.2-621 - Definitions
Full text of Virginia Code of Virginia § 64.2-621 — Definitions, with citation guidance and answers to common questions.
§ 64.2-621. Definitions
As used in this article:
"Beneficiary" means a person that receives property under a transfer on death deed.
"Designated beneficiary" means a person designated to receive property in a transfer on death deed.
"Joint owner" means an individual who owns property concurrently with one or more other individuals with a right of survivorship. "Joint owner" includes a joint tenant with the right of survivorship and tenant by the entirety with the right of survivorship. "Joint owner" does not include a tenant in common.
"Person" means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, public corporation, government or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity.
"Property" means an interest in real property located in the Commonwealth that is transferable on the death of the owner.
"Transfer on death deed" means a deed or conveyance of a cooperative interest authorized under this article.
"Transferor" means an individual who makes a transfer on death deed.
Frequently Asked Questions About Virginia § 64.2-621
What does Code of Virginia § 64.2-621 cover?
Section 64.2-621 ("Definitions") 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 § 64.2-621?
A common citation format is "Code of Virginia § 64.2-621" (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 § 64.2-621 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.