Virginia Disclaimer of Interest

A beneficiary of an interest in property (real estate) in Virginia can renounce all or part of a bequeathed interest in, or power over, that property under Va. Code 64.2-2603(a), as long as it has not been accepted through actions that indicate ownership or transferred in any way (Va. Code 64.2-2611(b)). The written disclaimer must identify the creator of the interest, provide a description of the disclaimed interest, a declaration of the disclaimer and its extent, and it needs to be signed by the disclaiming party (Va. Code 64.2-2603(d)).

Deliver the disclaimer within nine months of the transfer (e.g., the death of the creator of the interest) to the personal representative of the decedent's estate or the court having jurisdiction to appoint such a person (Va. Code 64.2-2610(c)); other scenarios are outlined in the remaining sections of Va. Code 64.2-2610. In the case of real property, record the disclaimer with the clerk of the circuit court in the city or county where the property is located (Va. Code 64.2-26).

A disclaimer is irrevocable and binding for the disclaiming party and those claiming under him or her (Va. Code 64.2-2603(f)), so be sure to consult an attorney when in doubt about the drawbacks and benefits of disclaiming inherited property or if the disclaimed interest arises out of jointly-owned property.

Deeds.com Virginia Disclaimer of Interest Forms Have Been Updated as Recently as Thursday June 20, 2019

4.7 out of 5 (646 Reviews)

What others like you are saying:

Doris I. said: My grandaughter in law got the info for me and it looks very help ul nThanks Doris

Reply from Staff: Thank you!

Jorge O. said: Everything work excellent. Don't think any update is needed at this time. Thank you

Reply from Staff: Thank you!

Maryel T. said: Good site, had the information I needed. Quicker than I expected. Thanks.

Reply from Staff: We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Deirdre M. said: Good documents good price saved me a lot of money and time.

Reply from Staff: Thanks for the feedback Deirdre, we appreciate it.

Kelli B. said: Amazingly simple and fast. A great service.

Reply from Staff: Thank you!

Carl S. said: Complete and easy to order. Helpful other documents were included.

Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!