Lender Beware: Your Virginia Deed of Trust May Be Void if You Dealt With a Bad Actor
The article discusses a legal case where a deed of trust was held void due to unauthorized actions by a person pledging company property.
The lender on a Virginia commercial property has seen its deed of trust held void after it dealt with a person who pledged his company’s property, without authority, for the benefit of his own separate business.... By: Parker Poe Adams & Bernstein LLP