Disclaimer: This article provides general information about Virginia law and does not constitute legal advice.
Detailed Answer
Locating and identifying assets across multiple counties or states requires a combination of public record searches, commercial databases, and legal discovery tools. Below are the primary steps to build a comprehensive asset profile under Virginia law.
1. Search Real Estate Records
Each county’s Circuit Court Clerk maintains deeds, mortgages, and liens. Begin online through the Virginia Courts portal: courts.state.va.us/courts/circuit.html. If involved in litigation, you can request relevant documents under Virginia Code § 8.01-420: Va. Code § 8.01-420.
2. Check Vehicle and Vessel Titles
The Virginia Department of Motor Vehicles (DMV) keeps records of cars, trucks, motorcycles, and boats. Use the online search tool at DMV.virginia.gov. For out-of-state vehicles, consult that state’s DMV website or national databases.
3. Review Business Registrations and UCC Filings
The Virginia State Corporation Commission publishes corporate registrations and Uniform Commercial Code (UCC) financing statements. Search at scc.virginia.gov. UCC rules appear in Title 8.9A, Article 9: Va. Code § 8.9A-901 et seq..
4. Investigate Bank and Financial Accounts
Bank accounts and investment assets remain private absent legal action. In a lawsuit, you can pursue a turnover proceeding under Va. Code § 8.01-511: Va. Code § 8.01-511. Alternatively, serve subpoenas duces tecum under § 8.01-421 to compel production of records.
5. Inspect Tax Assessor and Treasurer Records
Counties list real and personal property for tax purposes. Visit each county’s assessor or treasurer website to search for assessed values and business personal property returns.
6. Utilize Commercial Databases
Private services like LexisNexis, Experian, and Thomson Reuters aggregate public records and intelligence. These tools can reveal hidden assets such as royalties, dividends, or offshore holdings.
7. Employ Legal Discovery Tools
In contested matters, use interrogatories, depositions, and requests for production under Va. Code §§ 8.01-420 and 8.01-421. These methods compel parties to disclose asset information under oath.
Helpful Hints
- Start with statewide online portals before visiting local offices in person.
- Keep a detailed log of searches, requests, and responses.
- Retain copies of all recorded documents and financing statements.
- Consider engaging a licensed private investigator for complex or cross-border asset checks.
- Consult a qualified attorney before initiating subpoenas or turnover petitions.