A. Advertisement of sale by a trustee or trustees in execution of a deed of trust shall be in a newspaper having a general circulation in the county or city in which the property to be sold, or any portion of such property, lies pursuant to the following provisions:
1. If the deed of trust itself provides for the number of publications of such newspaper advertisement, which may be done by using the words "advertisement required" or similar words followed by the number agreed upon, then no other or different advertisement shall be necessary, provided that, if such advertisement be inserted on a weekly basis, it shall be published not less than once a week for two weeks, and if such advertisement be inserted on a daily basis, it shall be published not less than once a day for three days, which may be consecutive days, and in either case shall be subject to the provisions of § 55.1-330 in the same manner as if the method were set forth in the deed of trust. Should the deed of trust provide for advertising on other than a weekly or daily basis, either of the foregoing provisions shall be complied with in addition to those provided in such deed of trust. Notwithstanding the provisions of the deed of trust, the sale shall be held on any day following the day of the last advertisement that is no earlier than eight days following the first advertisement or more than 30 days following the last advertisement.
2. If the deed of trust does not provide for the number of publications of such newspaper advertisement, the trustee shall advertise once a week for four successive weeks, provided, however, that if the property or some portion of such property is located in a city or in a county immediately contiguous to a city, publication of the advertisement five different days, which may be consecutive days, shall be deemed adequate. The sale shall be held on any day following the day of the last advertisement that is no earlier than eight days following the first advertisement or more than 30 days following the last advertisement.
B. Such advertisement shall be placed in that section of the newspaper where legal notices appear or where the type of property being sold is generally advertised for sale.
C. In addition to the advertisement required by subsection A, the trustee shall give such other further and different advertisement as the deed of trust may require and in addition may give such additional advertisement as he may deem appropriate.
D. In the event of postponement of sale, which postponement shall be at the discretion of the trustee, advertisement of such postponed sale shall be in the same manner as the original advertisement of sale.
E. Failure to comply with the requirements for advertisement contained in this section shall, upon petition, render a sale of the property voidable by the court.
1979, c. 12, § 55-59.2; 1990, c. 749; 1992, c. 550; 2019, c. 712.
Structure Code of Virginia
Title 55.1 - Property and Conveyances
Chapter 3 - Form and Effect of Deeds and Covenants; Liens
§ 55.1-300.1. Certificate of Release of Certain Prohibited Covenants
§ 55.1-302. Construction of generic terms
§ 55.1-303. Appurtenances, etc., included in deed of land
§ 55.1-304. Relocation of easement
§ 55.1-305. Enjoyment of easement
§ 55.1-306.1. Utility easements; expansion of broadband
§ 55.1-307. Public road easements; maintenance and improvements
§ 55.1-308. Private roads; public use; maintenance and improvements
§ 55.1-309. Deeds good between parties
§ 55.1-310. Conveyance of property not owned but subsequently acquired
§ 55.1-311. Vendor's equitable lien abolished
§ 55.1-312. Certain deeds to county real estate validated
§ 55.1-313. Validation of sales, etc., by county courts prior to 1860
§ 55.1-315. Effect of option; recording
§ 55.1-316. Form of deed of trust to secure debts, etc.
§ 55.1-317. Requirements for trustees
§ 55.1-318.1. Effect of amendment to loan document on deed of trust
§ 55.1-319. Priority of residential refinance mortgage over subordinate mortgage
§ 55.1-320. How deed of trust construed; duties, rights, etc., of parties
§ 55.1-321. Notices required before sale by trustee to owners, lienors, etc.; if note lost
§ 55.1-322. Advertisement required before sale by trustee
§ 55.1-323. Contents of advertisements of sale
§ 55.1-324. Powers and duties of trustee in event of sale under or satisfaction of deed of trust
§ 55.1-325. Meaning of phrases that may be included in deed of trust
§ 55.1-326. Evidences of indebtedness placed on equal footing
§ 55.1-327. Sales under deeds of trust that contain no maturity date or provision authorizing sale
§ 55.1-328. Validation of conveyances of real property under trust instrument not authorizing sale
§ 55.1-329. Permissible form for notice of sale under deed of trust
§ 55.1-330. Construction of deeds requiring notice by advertisement in newspaper
§ 55.1-331. Disposition of surplus from trustee's sale after death of grantor
§ 55.1-332. Title to real estate sold not affected by nonlisting of secured notes for taxation
§ 55.1-333. Validation of certain sales made under deeds of trust
§ 55.1-334. Validation of certain sales made under deeds of trust prior to October 1, 1977
§ 55.1-335. Validation of other sales under deeds of trust
§ 55.1-337. Required notice of foreclosure or repossession of manufactured home
§ 55.1-338. Release to person dead inures to successors
§ 55.1-339. Release of deed of trust or other lien
§ 55.1-340. Release by financial institution upon payment of debt placed with it for collection
§ 55.1-341. Partial satisfaction
§ 55.1-342. Permissible form for certificate of satisfaction or certificate of partial satisfaction
§ 55.1-343. Where certificates of satisfaction are to be indexed
§ 55.1-344. Releases made by court; costs and attorney fees
§ 55.1-345. Recordation of certificate of satisfaction, etc., required when release of lien recorded
§ 55.1-348. Document of rescission; effect; liability for wrongful recording
§ 55.1-349. Secured creditor to submit satisfaction for recording; liability for failure
§ 55.1-350. Form and effect of satisfaction
§ 55.1-351. Relation to Electronic Signatures in Global and National Commerce Act
§ 55.1-353. Effect of word "covenants."
§ 55.1-354. Effect of covenant of general warranty
§ 55.1-355. Covenant of special warranty
§ 55.1-357. Implied warranties on new homes
§ 55.1-358. Effect of certain transfer fee covenants
§ 55.1-359. Covenant of "right to convey."
§ 55.1-360. Covenant for "quiet possession" and "free from all encumbrances."
§ 55.1-361. Covenant for "further assurances."