{"data":{"id":"us-wv/w.-va.-code-55-21-25","jurisdiction":"us-wv","citation":"W. Va. Code § 55-21-25","heading":"Effect of enforcement by mortgagee.","body":"(a) A request by a mortgagee for appointment of a receiver, the appointment of a receiver, or application by a mortgagee of receivership property or proceeds to the secured obligation does not:\n(1) Make the mortgagee a mortgagee in possession of the real property;\n(2) Make the mortgagee an agent of the owner;\n(3) Constitute an election of remedies that precludes a later action to enforce the secured obligation;\n(4) Make the secured obligation unenforceable;\n(5) Limit any right available to the mortgagee with respect to the secured obligation; or\n(6) Except as otherwise provided in subsection (b), bar a deficiency judgment pursuant to law of this state other than this article governing or relating to a deficiency judgment.\n(b) If a receiver sells receivership property that pursuant to §55-10-16(c) of this code is free and clear of a lien, the ability of a creditor to enforce an obligation that had been secured by the lien is subject to law of this state other than this article relating to a deficiency judgment.","path":["CHAPTER 55. ACTIONS, SUITS AND ARBITRATION; JUDICIAL SALE.","ARTICLE 21. UNIFORM COMMERCIAL REAL ESTATE RECEIVERSHIP ACT."],"source_url":"https://code.wvlegislature.gov/55-21-25/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:31:02Z","sha256":"5b8263728ae279e9f24305ce7c4ed9204ebc6ba3e839c18de12a4030a9939546","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-55-21-24","next":"us-wv/w.-va.-code-55-21-26"},"notice":"GroundRules: Original legal text. Not legal advice."}
