{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/6.2-1184.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/6.2-1184.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/6.2-1184.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/6.2-1184.html"}],"law_id":373710,"edition_id":2,"section_id":373710,"structure_id":53172,"section_number":"6.2-1184","catch_line":"Dealing with successors in interest","history":"1985, c. 425, \u00a7 6.1-194.67; 2010, c. 794.","full_text":"In the case of any investment made by a savings institution in a real estate loan, if (i) the ownership of the real estate security or any part thereof becomes vested in a person other than the party originally executing the security instruments and (ii) there is not an agreement in writing to the contrary, a savings institution may, without notice to such party, deal with such successor in interest with reference to that mortgage and the debt thereby secured in the same manner as with such party. The savings institution may forbear to sue or may extend time for payment, or otherwise modify the terms, of the debt secured thereby without discharging or in any way affecting the original liability of such party or parties thereunder or upon the debt thereby secured.\n\n","order_by":null,"text":{"0":{"id":1394727,"text":"In the case of any investment made by a savings institution in a real estate loan, if (i) the ownership of the real estate security or any part thereof becomes vested in a person other than the party originally executing the security instruments and (ii) there is not an agreement in writing to the contrary, a savings institution may, without notice to such party, deal with such successor in interest with reference to that mortgage and the debt thereby secured in the same manner as with such party. The savings institution may forbear to sue or may extend time for payment, or otherwise modify the terms, of the debt secured thereby without discharging or in any way affecting the original liability of such party or parties thereunder or upon the debt thereby secured.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":53172,"edition_id":2,"name":"Real Estate Loans","identifier":"7","label":"article","depth":4,"order_by":7,"parent_id":53165,"metadata":{"child_laws":7,"child_structures":0},"date_created":"2026-08-02 03:12:05","date_modified":"2026-08-02 12:28:03","permalink":{"id":1491433,"object_type":"structure","relational_id":53172,"identifier":"7","token":"6.2\/II\/11\/7","url":"\/6.2\/II\/11\/7\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53165,"edition_id":2,"name":"Savings Institutions","identifier":"11","label":"chapter","depth":3,"order_by":5,"parent_id":53156,"metadata":{"child_laws":106,"child_structures":9},"date_created":"2026-08-02 03:11:54","date_modified":"2026-08-02 12:28:02","permalink":{"id":1491103,"object_type":"structure","relational_id":53165,"identifier":"11","token":"6.2\/II\/11","url":"\/6.2\/II\/11\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53156,"edition_id":2,"name":"Depository Institutions and Trust Organizations","identifier":"II","label":"subtitle","depth":2,"order_by":2,"parent_id":53152,"metadata":{"child_laws":483,"child_structures":51},"date_created":"2026-08-02 03:11:42","date_modified":"2026-08-02 12:27:56","permalink":{"id":1490687,"object_type":"structure","relational_id":53156,"identifier":"II","token":"6.2\/II","url":"\/6.2\/II\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53152,"edition_id":2,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":10,"parent_id":null,"metadata":{"child_laws":961,"child_structures":89},"date_created":"2026-08-02 03:11:41","date_modified":"2026-08-02 12:27:53","permalink":{"id":1490251,"object_type":"structure","relational_id":53152,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":373705,"structure_id":53172,"section_number":"6.2-1179","catch_line":"Real estate loans; required investment","url":"\/6.2-1179\/","token":"6.2\/II\/11\/7\/6.2-1179","metadata":false},{"id":373706,"structure_id":53172,"section_number":"6.2-1180","catch_line":"Appraisals; loan-to-value ratios","url":"\/6.2-1180\/","token":"6.2\/II\/11\/7\/6.2-1180","metadata":false},{"id":373707,"structure_id":53172,"section_number":"6.2-1181","catch_line":"Initial repayments on real estate loans","url":"\/6.2-1181\/","token":"6.2\/II\/11\/7\/6.2-1181","metadata":false},{"id":373708,"structure_id":53172,"section_number":"6.2-1182","catch_line":"Adjustable real estate loans","url":"\/6.2-1182\/","token":"6.2\/II\/11\/7\/6.2-1182","metadata":false},{"id":373709,"structure_id":53172,"section_number":"6.2-1183","catch_line":"Special provisions for home loans","url":"\/6.2-1183\/","token":"6.2\/II\/11\/7\/6.2-1183","metadata":false},{"id":373710,"structure_id":53172,"section_number":"6.2-1184","catch_line":"Dealing with successors in interest","url":"\/6.2-1184\/","token":"6.2\/II\/11\/7\/6.2-1184","metadata":false},{"id":373711,"structure_id":53172,"section_number":"6.2-1185","catch_line":"Trustees on loans secured by deed of trust","url":"\/6.2-1185\/","token":"6.2\/II\/11\/7\/6.2-1185","metadata":false}],"previous_section":{"id":373709,"structure_id":53172,"section_number":"6.2-1183","catch_line":"Special provisions for home loans","url":"\/6.2-1183\/","token":"6.2\/II\/11\/7\/6.2-1183","metadata":false},"next_section":{"id":373711,"structure_id":53172,"section_number":"6.2-1185","catch_line":"Trustees on loans secured by deed of trust","url":"\/6.2-1185\/","token":"6.2\/II\/11\/7\/6.2-1185","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/6.2-1184\/","history_text":"

This law was first created in 1985. The record of its establishment is cataloged in chapter 425 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1985 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1491455,"object_type":"law","relational_id":373710,"identifier":"6.2-1184","token":"6.2\/II\/11\/7\/6.2-1184","url":"\/6.2-1184\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/6.2-1184\/","token":"6.2\/II\/11\/7\/6.2-1184","dublin_core":{"Title":"Dealing with successors in interest","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-1184","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

In the case of any investment made by a savings institution<\/span> in a real estate loan, if (i) the ownership of the real estate security or any part thereof becomes vested in a person<\/span> other than the party<\/span> originally executing the security instruments and (ii) there is not an agreement in writing to the contrary, a savings institution<\/span> may, without notice to such party<\/span>, deal with such successor in interest with reference to that mortgage and the debt thereby secured in the same manner as with such party<\/span>. The savings institution<\/span> may forbear to sue or may extend time for payment, or otherwise modify the terms, of the debt secured thereby without discharging or in any way affecting the original liability of such party<\/span> or parties thereunder or upon the debt thereby secured.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDEALING WITH SUCCESSORS IN INTEREST (\u00a7 6.2-1184)\n\nIn the case of any investment made by a savings institution in a real estate\nloan, if (i) the ownership of the real estate security or any part thereof\nbecomes vested in a person other than the party originally executing the\nsecurity instruments and (ii) there is not an agreement in writing to the\ncontrary, a savings institution may, without notice to such party, deal with\nsuch successor in interest with reference to that mortgage and the debt thereby\nsecured in the same manner as with such party. The savings institution may\nforbear to sue or may extend time for payment, or otherwise modify the terms, of\nthe debt secured thereby without discharging or in any way affecting the\noriginal liability of such party or parties thereunder or upon the debt thereby\nsecured.\n\nHISTORY: 1985, c. 425, \u00a7 6.1-194.67; 2010, c. 794.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}