Va. Code § 6.2-416

Current with changes from the 2024 legislative session through ch. 845

Section 6.2-416 - Certain mortgages not to prohibit further encumbrance of real property

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.

Va. Code § 6.2-416

1975, c. 398, § 6.1-2.5; 2010, c. 794.

Amended by Acts 2010, § c. 794.

Amended by Acts 1975, § c. 398, § 6.1-2.5.