Virginia Statutes
§ 6.2-416 — Certain mortgages not to prohibit further encumbrance of real property
Virginia § 6.2-416
JurisdictionVirginia
Title 6.2FINANCIAL INSTITUTIONS AND SERVICES
Subtitle IGENERAL PROVISIONS
Ch. 4CERTAIN LENDING PRACTICES
Art. 2LOANS SECURED BY LIEN ON REAL ESTATE
This text of Virginia § 6.2-416 (Certain mortgages not to prohibit further encumbrance of real property) 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. § 6.2-416 (2026).
Text
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.
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Legislative History
1975, c. 398, § 6.1-2.5; 2010, c. 794.
Nearby Sections
15
§ 6.2-100
Definitions§ 6.2-1000
Definitions§ 6.2-1002
Powers of trust institutions§ 6.2-1005
Deposit or other use of trust funds§ 6.2-1007
Investment of trust funds§ 6.2-1008
Dealings with self or affiliates§ 6.2-101
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Bluebook (online)
Virginia § 6.2-416, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/6.2/6.2-416.