Every householder shall be entitled, in addition to the property or estate exempt under §§ 23.1-707, 34-26, 34-27, 34-29, and 64.2-311, to hold exempt from creditor process arising out of a debt, real and personal property, or either, to be selected by the householder, including money and debts due the householder not exceeding $5,000 in value or, if the householder is 65 years of age or older, not exceeding $10,000 in value, and, in addition, real or personal property used as the principal residence of the householder or the householder's dependents not exceeding $25,000 in value. In addition, upon a showing that a householder supports dependents, the householder shall be entitled to hold exempt from creditor process real and personal property, or either, selected by the householder, including money or monetary obligations or liabilities due the householder, not exceeding $500 in value for each dependent.
For the purposes of this section, "dependent" means an individual who derives support primarily from the householder and who does not have assets sufficient to support himself, but in no case shall an individual be the dependent of more than one householder.
Code 1919, § 6531; 1918, p. 487; 1975, c. 466; 1977, c. 496; 1978, c. 231; 1990, c. 942; 1997, cc. 785, 861; 2009, c. 387; 2020, c. 328.
Structure Code of Virginia
Title 34 - Homestead and Other Exemptions
Chapter 2 - Homestead Exemption of Householder
§ 34-4.1. Additional exemption for certain veterans
§ 34-4.2. Additional exemption for parents of dependent children
§ 34-5. To what debts exemptions shall not apply
§ 34-6. How exemption of real estate secured; form to claim exemption of real property
§ 34-7. Real estate, subject to encumbrances, may be set apart; if sold, how surplus disposed of
§ 34-8. Partition or sale of real estate held as exempt by joint tenant, etc.
§ 34-9. How real estate set apart as exempt may be encumbered or aliened
§ 34-13. Householder may set apart exemption in personal estate
§ 34-14. How set apart in personal estate; form to claim exemption of personal property
§ 34-17. When exemption may be set apart; garnished wages
§ 34-18. Rents and profits exempt; increase in value of estate set apart
§ 34-19. How excess in value set apart subjected to debts
§ 34-20. Proceeds of sale of estate exempt; how evidenced
§ 34-21. When householder's right to exemption is exhausted
§ 34-22. Waiver of exemption; its effect; form of waiver
§ 34-23. How claim enforced when exemption waived, etc.
§ 34-24. When the exemption ceases; lien of judgment or decree against householder
§ 34-25. When homestead waived judgments and executions to so state