CHAPTER 461

An Act to amend and reenact § 58-61 of the Code of Virginia, relating

to when recordation taxes not applicable to certain instruments.
[H 335]

Approved April 1, 1952

Be it enacted by the General Assembly of Virginia:
aa That § 58-61 of the Code of Virginia be amended and reenacted as

ollows:

§ 58-61. * What other deeds not taxable.—No additional recordation
tax shall be required for admitting to record any deed of confirmation or
deed of correction or deed in which a husband and wife being joint tenants
or tenants by the entireties whether or not with right of survivorship as
at common law are both grantors and grantees from themselves to them-
selves, the only change being one of tenancy, when the tax has been paid
at the time of the recordation of the original deed; provided, that, if the
tax already paid is less than a proper tax based upon the full amount of
consideration or actual value of the property involved in the transaction,
an additional tax shall be paid based on the difference between the full
amount of such consideration or actual value and the amount on which
the tax has been paid.