Virginia Statutes
§ 55.1-901 — Applicability; effect of noncompliance
Virginia § 55.1-901
JurisdictionVirginia
Title 55.1Property and Conveyances
Subtitle IIReal Estate Settlements and Recordation
Ch. 9Real Estate Settlements
This text of Virginia § 55.1-901 (Applicability; effect of noncompliance) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 55.1-901 (2026).
Text
A.This chapter applies only to transactions involving loans that (i) are made by lenders and (ii) will be secured by first deeds of trust or mortgages on real estate containing not more than four residential dwelling units.
B.Failure to comply with the provisions of this chapter shall not affect the validity or enforceability of any loan documents.
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Legislative History
1980, c. 730, §§ 6.1-2.11, 6.1-2.14; 1993, c. 530; 2010, c. 794, § 55-525.9; 2019, c. 712.
Nearby Sections
15
§ 55.1-1000
Definitions§ 55.1-1001
Limitation on applicability of chapter§ 55.1-1003
Persons who may act as a settlement agent§ 55.1-1004
Duties of settlement agents§ 55.1-1006
Choice of settlement agent§ 55.1-1007
Disclosure§ 55.1-1008
Conditions for providing escrow, closing, or settlement services and for maintaining escrow accounts§ 55.1-1009
Falsifying settlement statements prohibited§ 55.1-1009.1
Prohibition against payment or receipt of settlement services kickbacks, rebates, commissions, and other payments§ 55.1-1011
Record retention requirementsCite This Page — Counsel Stack
Bluebook (online)
Virginia § 55.1-901, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/55.1/55.1-901.