Virginia Code 55.1-412: Words “creditors” and “purchasers,” how construed
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The words “creditors” and “purchasers,” when used in any previous section of this chapter, shall not be restricted to the protection of creditors of and purchasers from the grantor, but shall also extend to and embrace all creditors and purchasers who, but for the deed or writing, would have had title to the property conveyed or a right to subject it to their debts.
Terms Used In Virginia Code 55.1-412
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Grantor: The person who establishes a trust and places property into it.
Code 1919, § 5200; Code 1950, § 55-103; 2019, c. 712.