Va. Code Ann. § 6.2-413
This is the official text of Va. Code Ann. § 6.2-413, part of Virginia’s Code of Virginia — the complete compiled statutory law of Virginia, organized into 60+ numbered titles by subject.
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Obligation of lender to reimburse unused mortgage guaranty insurance premiums
Official statutory text
Any lender that requires, as a prerequisite to its lending money for the purchase of real property, that private mortgage insurance be secured to insure a certain amount of the lender's interest in the property shall return to the person who paid the premium, or other person entitled thereto, any portion of the premium for such insurance that is not used to secure insurance for the lender's interest in the property.
1980, c. 748, § 6.1-2.9:1; 1990, c. 7; 2010, c. 794 .
1980, c. 748, § 6.1-2.9:1; 1990, c. 7; 2010, c. 794 .
Status: in_force · Read it on the official government site
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