Virginia § 64.2-320 Purchaser for value or lender

Virginia Statutes

§ 64.2-320 — Purchaser for value or lender

Virginia § 64.2-320

JurisdictionVirginia

Title 64.2WILLS, TRUSTS, AND FIDUCIARIES

Subtitle IIWILLS AND DECEDENTS' ESTATES

Ch. 3RIGHTS OF MARRIED PERSONS

Art. 3UNIFORM DISPOSITION OF COMMUNITY PROPERTY RIGHTS AT DEATH ACT

This text of Virginia § 64.2-320 (Purchaser for value or lender) 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. § 64.2-320 (2026).

Text

A.If a surviving spouse has apparent title to property to which this article applies, a purchaser for value or a lender taking a security interest in the property takes his interest in the property free of any rights of the personal representative or an heir or devisee of the decedent.

B.If a personal representative or an heir or devisee of the decedent has apparent title to property to which this article applies, a purchaser for value or a lender taking a security interest in the property takes his interest in the property free of any rights of the surviving spouse.

C.A purchaser for value or a lender need not inquire whether a vendor or borrower acted properly.

D.The proceeds of a sale or creation of a security interest shall be treated in the same manner as the property transferr

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A. If a surviving spouse has apparent title to property to which this article applies, a purchaser for value or a lender taking a security interest in the property takes his interest in the property free of any rights of the personal representative or an heir or devisee of the decedent.

B. If a personal representative or an heir or devisee of the decedent has apparent title to property to which this article applies, a purchaser for value or a lender taking a security interest in the property takes his interest in the property free of any rights of the surviving spouse.

C. A purchaser for value or a lender need not inquire whether a vendor or borrower acted properly.

D. The proceeds of a sale or creation of a security interest shall be treated in the same manner as the property transferred to the purchaser for value or a lender.