Code of Virginia § 6.2-416. Certain mortgages not to prohibit further encumbrance of real property.
55 words·~1 min read·
/va/title-6-2/chapter-4/6-2-416·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Where any loan is secured by a mortgage or deed of trust on real property comprised of one- to four-family residential dwelling units, the note, or mortgage or deed of trust evidencing such loan shall in no way prohibit the further encumbrance of the real property.
1975, c. 398, § 6.1-2.5; 2010, c. 794 .