Sale of blighted or tax delinquent real estate acquired by city.
Richmond, Va., City Code § 8-68
in effectSec. 8-68. - Sale of blighted or tax delinquent real estate acquired by city.
(a) Sale for $1.00. The Chief Administrative Officer may provide for the sale of real estate for the nominal amount of $1.00 in accordance with Code of Virginia, § 15.2-958.1 if such real estate qualifies under the requirements of Code of Virginia, § 15.2-958.1(A).
(b) Sale for other than $1.00. The Chief Administrative Officer may provide for the sale of real estate for valuable consideration other than $1.00 if such real estate qualifies under the requirements of Code of Virginia, § 15.2-958.1(A) for sale for the nominal amount of $1.00.
(c) Ordinance required. No real estate shall be sold pursuant to this section unless and until the Council has adopted an ordinance directing the sale of the real estate to the purchaser.
(d) Exemption from article; procedures. The requirements of this article, except for those set forth in this section, shall not apply to sale of real estate pursuant to this section. The Chief Administrative Officer may pursue the sale of real estate pursuant to this section by such procedures, including, without limitation, invitations for bids or public auctions, as the Chief Administrative Officer may prescribe in compliance with applicable law.
(Code 2004, § 26-89; Code 2015, § 8-68; Code 2020, § 8-68; Ord. No. 2005-282-270, § 2, 12-12-2005)
Source: City of Richmond, Virginia, Code (2026 recodification) and Charter (Municode Library, library.municode.com)URL: https://library.municode.com/va/richmond/codes/code_of_ordinances?nodeId=PTIICICO_CH8CINEREES_ARTIIISAREES_S8-68SABLTADEREESACCIFetched: 11/8/2026