Va. Code § 55.1-907: Penalty
Where this section sits in the code
- Title 55.1. Property and Conveyances
- Subtitle II. Real Estate Settlements and Recordation
- Chapter 9. Real Estate Settlements
Any persons suffering losses due to the failure of the lender or the settlement agent to cause disbursement as required by this chapter shall be entitled to recover, in addition to other actual damages, double the amount of any interest collected in violation of § 55.1-902 plus reasonable attorney fees incurred in the collection of such damages and interest.1980, c. 730, § 6.1-2.15; 2010, c. 794, § 55-525.15; 2019, c. 712.
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