{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/64.2-320.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/64.2-320.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/64.2-320.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/64.2-320.html"}],"law_id":376202,"edition_id":2,"section_id":376202,"structure_id":53500,"section_number":"64.2-320","catch_line":"Purchaser for value or lender","history":"1982, c. 456, \u00a7 64.1-202; 2012, c. 614.","full_text":"A\n\nIf 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.\n\nB\n\nIf 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.\n\nC\n\nA purchaser for value or a lender need not inquire whether a vendor or borrower acted properly.\n\nD\n\nThe 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.\n\n","order_by":null,"text":{"0":{"id":1404647,"text":"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.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1404648,"text":"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.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":1404649,"text":"A purchaser for value or a lender need not inquire whether a vendor or borrower acted properly.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":1404650,"text":"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.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":53500,"edition_id":2,"name":"Uniform Disposition of Community Property Rights at Death Act","identifier":"3","label":"article","depth":4,"order_by":5,"parent_id":53496,"metadata":{"child_laws":10,"child_structures":0},"date_created":"2026-08-02 03:17:19","date_modified":"2026-08-02 12:37:07","permalink":{"id":1500081,"object_type":"structure","relational_id":53500,"identifier":"3","token":"64.2\/II\/3\/3","url":"\/64.2\/II\/3\/3\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53496,"edition_id":2,"name":"Rights of Married Persons","identifier":"3","label":"chapter","depth":3,"order_by":2,"parent_id":53471,"metadata":{"child_laws":42,"child_structures":4},"date_created":"2026-08-02 03:17:15","date_modified":"2026-08-02 12:37:06","permalink":{"id":1499945,"object_type":"structure","relational_id":53496,"identifier":"3","token":"64.2\/II\/3","url":"\/64.2\/II\/3\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53471,"edition_id":2,"name":"Wills and Decedents' Estates","identifier":"II","label":"subtitle","depth":2,"order_by":2,"parent_id":53424,"metadata":{"child_laws":210,"child_structures":29},"date_created":"2026-08-02 03:16:56","date_modified":"2026-08-02 12:37:06","permalink":{"id":1499913,"object_type":"structure","relational_id":53471,"identifier":"II","token":"64.2\/II","url":"\/64.2\/II\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53424,"edition_id":2,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":136,"parent_id":null,"metadata":{"child_laws":776,"child_structures":114},"date_created":"2026-08-02 03:16:27","date_modified":"2026-08-02 12:37:05","permalink":{"id":1499783,"object_type":"structure","relational_id":53424,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":376197,"structure_id":53500,"section_number":"64.2-315","catch_line":"Application","url":"\/64.2-315\/","token":"64.2\/II\/3\/3\/64.2-315","metadata":false},{"id":376198,"structure_id":53500,"section_number":"64.2-316","catch_line":"Presumptions","url":"\/64.2-316\/","token":"64.2\/II\/3\/3\/64.2-316","metadata":false},{"id":376199,"structure_id":53500,"section_number":"64.2-317","catch_line":"Disposition upon death","url":"\/64.2-317\/","token":"64.2\/II\/3\/3\/64.2-317","metadata":false},{"id":376200,"structure_id":53500,"section_number":"64.2-318","catch_line":"Perfection of title of surviving spouse","url":"\/64.2-318\/","token":"64.2\/II\/3\/3\/64.2-318","metadata":false},{"id":376201,"structure_id":53500,"section_number":"64.2-319","catch_line":"Perfection of title of personal representative, heir or devisee","url":"\/64.2-319\/","token":"64.2\/II\/3\/3\/64.2-319","metadata":false},{"id":376202,"structure_id":53500,"section_number":"64.2-320","catch_line":"Purchaser for value or lender","url":"\/64.2-320\/","token":"64.2\/II\/3\/3\/64.2-320","metadata":false},{"id":376203,"structure_id":53500,"section_number":"64.2-321","catch_line":"Creditor's rights","url":"\/64.2-321\/","token":"64.2\/II\/3\/3\/64.2-321","metadata":false},{"id":376204,"structure_id":53500,"section_number":"64.2-322","catch_line":"Acts of married persons","url":"\/64.2-322\/","token":"64.2\/II\/3\/3\/64.2-322","metadata":false},{"id":376205,"structure_id":53500,"section_number":"64.2-323","catch_line":"Limitations on testamentary disposition","url":"\/64.2-323\/","token":"64.2\/II\/3\/3\/64.2-323","metadata":false},{"id":376206,"structure_id":53500,"section_number":"64.2-324","catch_line":"Uniformity of application and construction","url":"\/64.2-324\/","token":"64.2\/II\/3\/3\/64.2-324","metadata":false}],"previous_section":{"id":376201,"structure_id":53500,"section_number":"64.2-319","catch_line":"Perfection of title of personal representative, heir or devisee","url":"\/64.2-319\/","token":"64.2\/II\/3\/3\/64.2-319","metadata":false},"next_section":{"id":376203,"structure_id":53500,"section_number":"64.2-321","catch_line":"Creditor's rights","url":"\/64.2-321\/","token":"64.2\/II\/3\/3\/64.2-321","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-320\/","history_text":"

This law was first created in 1982. The record of its establishment is cataloged in chapter 456 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 1982 \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 2012, chapter 614<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1500103,"object_type":"law","relational_id":376202,"identifier":"64.2-320","token":"64.2\/II\/3\/3\/64.2-320","url":"\/64.2-320\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/64.2-320\/","token":"64.2\/II\/3\/3\/64.2-320","dublin_core":{"Title":"Purchaser for value or lender","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-320","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> If a surviving spouse has apparent title to property to which this article applies, a purchaser<\/span> for value<\/span> or a lender taking a security interest in the property takes his interest in the property free of any rights of the personal representative<\/span> or an heir or devisee of the decedent. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> If a personal representative<\/span> or an heir or devisee of the decedent has apparent title to property to which this article applies, a purchaser<\/span> for value<\/span> or a lender taking a security interest in the property takes his interest in the property free of any rights of the surviving spouse. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> A purchaser<\/span> for value<\/span> or a lender need not inquire whether a vendor or borrower acted properly. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> 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<\/span> for value<\/span> or a lender. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPURCHASER FOR VALUE OR LENDER (\u00a7 64.2-320)\n\nA. If a surviving spouse has apparent title to property to which this article\napplies, a purchaser for value or a lender taking a security interest in the\nproperty takes his interest in the property free of any rights of the personal\nrepresentative or an heir or devisee of the decedent.\n\nB. If a personal representative or an heir or devisee of the decedent has\napparent title to property to which this article applies, a purchaser for value\nor a lender taking a security interest in the property takes his interest in the\nproperty free of any rights of the surviving spouse.\n\nC. A purchaser for value or a lender need not inquire whether a vendor or\nborrower acted properly.\n\nD. The proceeds of a sale or creation of a security interest shall be treated in\nthe same manner as the property transferred to the purchaser for value or a\nlender.\n\nHISTORY: 1982, c. 456, \u00a7 64.1-202; 2012, c. 614.","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"}}