{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/55.1-901.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/55.1-901.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/55.1-901.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/55.1-901.html"}],"law_id":84919,"edition_id":1,"section_id":84919,"structure_id":14903,"section_number":"55.1-901","catch_line":"Applicability; effect of noncompliance","history":"1980, c. 730, \u00a7\u00a7 6.1-2.11, 6.1-2.14; 1993, c. 530; 2010, c. 794, \u00a7 55-525.9; 2019, c. 712.","full_text":"A\n\nThis chapter applies only to transactions involving loans that (i) are made by lenders and (ii) will be secured by first deeds of trust or mortgages on real estate containing not more than four residential dwelling units.B\n\nFailure to comply with the provisions of this chapter shall not affect the validity or enforceability of any loan documents.","order_by":null,"text":{"0":{"id":304244,"text":"This chapter applies only to transactions involving loans that (i) are made by lenders and (ii) will be secured by first deeds of trust or mortgages on real estate containing not more than four residential dwelling units.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":304245,"text":"Failure to comply with the provisions of this chapter shall not affect the validity or enforceability of any loan documents.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":14903,"edition_id":1,"name":"Real Estate Settlements","identifier":"9","label":"chapter","depth":3,"order_by":1,"parent_id":13524,"metadata":{},"date_created":"2026-06-26 03:50:41","date_modified":"2026-06-26 03:50:41","permalink":{"id":245849,"object_type":"structure","relational_id":14903,"identifier":"9","token":"55.1\/II\/9","url":"\/55.1\/II\/9\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13524,"edition_id":1,"name":"Real Estate Settlements and Recordation","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12707,"metadata":{},"date_created":"2026-06-26 03:45:07","date_modified":"2026-06-26 03:45:07","permalink":{"id":245369,"object_type":"structure","relational_id":13524,"identifier":"II","token":"55.1\/II","url":"\/55.1\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12707,"edition_id":1,"name":"Property and Conveyances","identifier":"55.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":244769,"object_type":"structure","relational_id":12707,"identifier":"55.1","token":"55.1","url":"\/55.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":79247,"structure_id":14903,"section_number":"55.1-900","catch_line":"Definitions","url":"\/55.1-900\/","token":"55.1\/II\/9\/55.1-900","metadata":false},{"id":84919,"structure_id":14903,"section_number":"55.1-901","catch_line":"Applicability; effect of noncompliance","url":"\/55.1-901\/","token":"55.1\/II\/9\/55.1-901","metadata":false},{"id":63887,"structure_id":14903,"section_number":"55.1-902","catch_line":"Duty of lender","url":"\/55.1-902\/","token":"55.1\/II\/9\/55.1-902","metadata":false},{"id":67904,"structure_id":14903,"section_number":"55.1-903","catch_line":"Duty of settlement agent","url":"\/55.1-903\/","token":"55.1\/II\/9\/55.1-903","metadata":false},{"id":62791,"structure_id":14903,"section_number":"55.1-904","catch_line":"Repealed","url":"\/55.1-904\/","token":"55.1\/II\/9\/55.1-904","metadata":false},{"id":74930,"structure_id":14903,"section_number":"55.1-905","catch_line":"Disclosure of affiliated business by settlement service providers","url":"\/55.1-905\/","token":"55.1\/II\/9\/55.1-905","metadata":false},{"id":56898,"structure_id":14903,"section_number":"55.1-906","catch_line":"Disclosure of charges for appraisal or valuation using automated or other valuation mechanism","url":"\/55.1-906\/","token":"55.1\/II\/9\/55.1-906","metadata":false},{"id":81795,"structure_id":14903,"section_number":"55.1-907","catch_line":"Penalty","url":"\/55.1-907\/","token":"55.1\/II\/9\/55.1-907","metadata":false}],"previous_section":{"id":79247,"structure_id":14903,"section_number":"55.1-900","catch_line":"Definitions","url":"\/55.1-900\/","token":"55.1\/II\/9\/55.1-900","metadata":false},"next_section":{"id":63887,"structure_id":14903,"section_number":"55.1-902","catch_line":"Duty of lender","url":"\/55.1-902\/","token":"55.1\/II\/9\/55.1-902","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/55.1-901\/","history_text":"<p>This law was first created in 1980. The record of its establishment is cataloged in chapter 730 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 1980 \u201cActs\u201d aren\u2019t available online. It has been modified 3 times. 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. Those modifications are as follows: in 1993, chapter 530; in 2010, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?101+ful+CHAP0794\">794<\/a>; in 2019, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?191+ful+CHAP0712\">712<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":245855,"object_type":"law","relational_id":84919,"identifier":"55.1-901","token":"55.1\/II\/9\/55.1-901","url":"\/55.1-901\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/55.1-901\/","token":"55.1\/II\/9\/55.1-901","dublin_core":{"Title":"Applicability; effect of noncompliance","Type":"Text","Format":"text\/html","Identifier":"\u00a7 55.1-901","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> This chapter applies only to transactions involving loans that (i) are made by <span class=\"dictionary\">lenders<\/span> and (ii) will be secured by first deeds of trust or mortgages on real estate containing not more than four residential dwelling units. <a id=\"paragraph-304244\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/55.1-901\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> Failure to comply with the provisions of this chapter shall not affect the validity or enforceability of any <span class=\"dictionary\">loan documents<\/span>. <a id=\"paragraph-304245\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/55.1-901\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nAPPLICABILITY; EFFECT OF NONCOMPLIANCE (\u00a7 55.1-901)\n\nA. This chapter applies only to transactions involving loans that (i) are made\nby lenders and (ii) will be secured by first deeds of trust or mortgages on real\nestate containing not more than four residential dwelling units.\n\nB. Failure to comply with the provisions of this chapter shall not affect the\nvalidity or enforceability of any loan documents.\n\nHISTORY: 1980, c. 730, \u00a7\u00a7 6.1-2.11, 6.1-2.14; 1993, c. 530; 2010, c. 794, \u00a7\n55-525.9; 2019, c. 712.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}