Parker, Pollard, Wilton, and Peaden - Attorneys at Law

Author Archive for Trevor B. Reid

New laws change the landscape for “heirs property” in Virginia

In Virginia, any co-owner of real property (excluding spouses who own property as tenants by the entirety) has the right to file a suit for partition—a specialized lawsuit in which the circuit court determines who the owners are, and divides the property among them.  To take a simple case, consider a twelve-acre parcel of unimproved […]

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Who is the Trustee in the Deed of Trust?

Most of us do not have enough cash reserves to purchase our home without the assistance of a lender such as a bank or a credit union. If you own real property in Virginia that you purchased by borrowing funds from a lender, then you have most likely signed a document called a deed of […]

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