Virginia
For Virginia, homestead exemption is real or personal property used as the principal residence of the householder or the householder's dependents not exceeding $50,000 in value; how the figure is kept current is On April 1, 2027, and at each three-year interval ending on April 1 thereafter, each monetary limit in effect under this section immediately before such April 1 shall be adjusted to reflect the change in the Consumer Price Index for all urban consumers (CPI-U); statute is § 34-4. Exemption created, verified against its source on 2026-08-29.
- State
- Virginia our reading
- Homestead exemption
- real or personal property used as the principal residence of the householder or the householder's dependents not exceeding $50,000 in value verified
- How the figure is kept current
- On April 1, 2027, and at each three-year interval ending on April 1 thereafter, each monetary limit in effect under this section immediately before such April 1 shall be adjusted to reflect the change in the Consumer Price Index for all urban consumers (CPI-U) verified
- Statute
- § 34-4. Exemption created. verified
Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.
What the source says
real or personal property used as the principal residence of the householder or the householder's dependents not exceeding $50,000 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. On April 1, 2027, and at each three-year interval ending on April 1 thereafter, each monetary limit in effect under this section immediately before such April 1 shall be adjusted to reflect the change in the Consumer Price Index for all urban consumers (CPI-U), as published by the Bureau of Labor Statistics of the U.S. Department of Labor, for the most recent three-year period ending immediately
— law.lis.virginia.gov, retrieved 2026-08-29
Source
- law.lis.virginia.govhttps://law.lis.virginia.gov/vacode/title34/chapter2/section34-4/