Code of Virginia - Title 55 Property And Conveyances - Section 55-79.04 Encumbrance on real property

§ 55-79.04. Encumbrance on real property

A residential ground rent shall constitute a lien against the real estate from the time it is recorded, in a like manner as would a deed of trust or mortgage. Any deed of trust or mortgage may provide that a default in payment of ground rent shall constitute a default in such deed of trust or mortgage; that the trustee or beneficiary thereunder may satisfy such obligation for rent, and that the money so advanced, with interest thereon, shall be a part of the debt secured, to be repaid as provided in § 55-59 et seq.

(1975, c. 363.)

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Last modified: April 16, 2009