West Virginia Code 38-1-15 – Validity of deed of trust upon renewal of loan
Current as of: 2023 | Check for updates
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Upon the renewal of a loan agreement in the instance when no additional principal is advanced, the original deed of trust is sufficient for the purpose of securing the loan, regardless of any change in the rate of interest.
Terms Used In West Virginia Code 38-1-15
- Deed: The legal instrument used to transfer title in real property from one person to another.