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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>69745</law_id><section_number>11-1</section_number><catch_line>Certain contracts void as to creditors and purchasers unless in writing; law governing validity of contracts creating security interests</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>45.2-1033</reference><reference>55.1-406</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="11">Contracts</unit><unit label="chapter" level="2" order_by="1" identifier="1">General Provisions</unit></structure><text>
						<section><p>Every <span class="dictionary">contract</span>, not in writing, made in respect to real estate or goods and chattels in consideration of marriage, or made for the conveyance or sale of real estate, or a term therein of more than five years, and, except as otherwise provided in &#xA7;&#xA0;<a class="law" title="Rights of seller's creditors against sold goods" href="/8.2-402/">8.2-402</a> of the Uniform Commercial Code, every bill of sale or <span class="dictionary">contract</span> for the sale of goods and chattels when the <span class="dictionary">possession</span> is allowed to remain with the seller, shall be void, both at <span class="dictionary">law</span> and in <span class="dictionary">equity</span>, as to purchasers for value and without notice and <span class="dictionary">creditors</span>; provided, however, that if any such <span class="dictionary">contract</span> or bill of sale as is mentioned in this section creates a security interest as defined in the Uniform Commercial Code, its validity and enforceability shall be governed by the provisions of that Code.</p></section></text><history>Code 1919, &#xA7; 5192; 1964, c. 314; 1966, c. 397.</history><metadata></metadata></law>
