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Va. Code Ann. § 6.2-416

Certain mortgages not to prohibit further encumbrance of real property

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

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.

Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.