{"data":{"id":"us-va/23vac10-320-90","jurisdiction":"us-va","citation":"23VAC10-320-90","heading":"When supplemental writings not taxable","body":"A. A deed of assumption by which the purchaser assumes the deed of trust or mortgage of the grantor (seller) is not taxable.\n\nExample:\n\nReal estate sold for\n\n$100,000\n\nCash payment for equity\n\n30,000\n\nAssumption of Deed of Trust (No tax)\n\n70,000\n\nTax under § 58.1-802 computed on the consideration of   $100,000\n\n150.00\n\nTax under § 58.1-803 computed on consideration ($100,000)   less value of lien or encumbrance ($70,000) remaining on real estate at time   of sale\n\n30.00\n\nTax under § 58.1-814 by county or city\n\n50.00\n\nTOTAL TAX (state \u0026 local)\n\n$230.00","path":["Title 23. Taxation","Agency 10. Department of Taxation","Chapter 320. Recordation Tax Regulations"],"source_url":"https://law.lis.virginia.gov/admincode/title23/agency10/chapter320/section90/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:54:17Z","sha256":"7a697836891e89752c7addbb1ab2fc6aa753a22dfd51c617c036e9ece7f35d6d","source_id":"us-va-vac","stale":false,"prev":"us-va/23vac10-320-80","next":"us-va/23vac10-320-100"},"notice":"GroundRules: Original legal text. Not legal advice."}