§ 6.2-431. Certain cards excepted
Except as set forth in § 6.2-428, the provisions of §§ 6.2-424 through 6.2-430 shall not apply to any credit card issued by any telephone company that is subject to supervision or regulation by the Commission. 1970, c. 324, § 11-34; 1990, c. 587; 2010, c. 794.
§ 6.2-417. Mortgage or deed of trust to contain notice that debt is subject to call or modification on conveyance of 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, and the note or mortgage or deed of trust evidencing or securing the loan contains a provision that the holder of the note secured by such mortgage or deed of trust may […]
§ 6.2-418. Property owner entitled to written statement of payoff amount
A. If an obligation is secured by the lien of a deed of trust or mortgage on real estate, and the owner of the real estate is entitled to prepay the obligation secured by the deed of trust or mortgage, the owner shall be entitled to receive from the holder of the obligation a written […]
§ 6.2-419. Disclosure of terms of assumption
A. An owner of residential real estate that is improved by the construction thereon of housing consisting of four or fewer dwelling units and encumbered by a mortgage or deed of trust shall have the right, upon written request to any holder of the obligation secured by the mortgage or deed of trust, to receive […]
§ 6.2-420. Prepayment penalty not to be collected in certain circumstances
No lender shall collect or receive any prepayment penalty on loans secured by real property comprised of one- to four-family residential dwelling units if the prepayment results from the enforcement of the right to call the loan upon the sale of the real property that secures the loan. If the loan is prepaid because of […]
§ 6.2-421. Certain contracts to permit prepayment; amount of prepayment penalty
A. For the purpose of this section: 1. “First deed of trust” or “first mortgage” includes all deeds of trust and mortgages, and amendments thereto, that are made by the same grantor or mortgagor, secure notes held by the same holder, convey substantially the same real estate, and are superior to all other deeds of […]
§ 6.2-422. Prepayment penalty for loan secured by home occupied by borrower
The prepayment penalty in the case of a loan secured by a mortgage or deed of trust on a home that is occupied or to be occupied in whole or in part by a borrower shall not exceed two percent of the amount of such prepayment. 1987, c. 622, § 6.1-330.83; 2010, c. 794.
§ 6.2-423. Prepayment of loans secured by certain subordinate mortgages or deeds of trust; rebates for unearned interest
A. Any borrower under any loan secured by a subordinate mortgage or deed of trust on residential real estate, which loan is subject to the provisions of § 6.2-327, shall have the right to anticipate payment of his debt in whole or in part at any time. If agreed to by the borrower, a lender […]
§ 6.2-424. Definitions
As used in this article, unless the context otherwise requires: “Cardholder” means the person or organization named on the face of a credit card to whom or for whose benefit the credit card was issued by an issuer. “Credit card” means any instrument or device, whether known as a credit card, credit plate, or by […]
§ 6.2-425. Cardholder not liable in absence of request for, consent to issuance of, or use of card
A. A cardholder who receives a credit card from an issuer, which card the cardholder has not requested nor consented to the issuance of in writing, nor used, shall not be liable for any amount owing because of a use of the credit card. B. The failure to destroy or return an unsolicited credit card […]