64.1-148 - Representative may execute deed pursuant to written contract of deceased.
§ 64.1-148. Representative may execute deed pursuant to written contract ofdeceased.
When any deceased person shall have executed and delivered a bona fidewritten contract of sale, purchase option, or other agreement binding suchdeceased person, his heirs, personal representatives, or assigns, to conveyany real property or interest therein, his personal representatives may, uponfull compliance by the purchaser with the terms and conditions of suchcontract, option or agreement execute a deed and do all things necessary toeffect the transfer of title to such real property or interest therein to thepurchaser and such transfer shall be as effective as if it had been made bythe deceased obligor. The contract option or agreement shall be attached toany deed executed by a personal representative pursuant to this section andsuch contract, option or agreement shall be spread upon the records. Anypersonal representative, duly qualified in any other state, or in theDistrict of Columbia, upon making oath that the decedent owed no debts inthis Commonwealth and posting bond upon such terms and in such amount as maybe fixed by the clerk, but not less than the value of the decedent's interestto be conveyed, may convey under the provisions of this section withoutancillary administration.
(Code 1950, § 64-138; 1958, c. 416; 1966, c. 346; 1968, c. 656.)