Virginia Code 55.1-316: Form of deed of trust to secure debts, etc.
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A deed of trust to secure debts or indemnify sureties may be in the following form, or to the same effect: “This deed, made the ________ day of ______, in the year ____, between ________ (the grantor) and ________ (the trustee), witnesseth: that the said ________ (the grantor) does (or do) grant (or grant and convey) unto the said ________ (the trustee), the following property (here describe it): In trust to secure (here describe the debts to be secured or the sureties to be indemnified and insert covenants or any other provisions the parties may agree upon). Witness the following signature (or signatures).”
Terms Used In Virginia Code 55.1-316
- Deed: The legal instrument used to transfer title in real property from one person to another.
Code 1919, § 5166; Code 1950, § 55-58; 1990, c. 374; 2014, c. 338; 2019, c. 712.