Code of Virginia (Last Updated:July 28, 2020) |
TITLE 55. Property and Conveyances |
CHAPTER 10. Escheats Generally |
SECTION 55-193. Escheat of estates in trust and equitable titles |
An estate vested in a person merely by way of mortgage or on trust shall not escheat or be forfeited to the Commonwealth by reason of the mortgagee or trustee dying without heirs; but any equitable title to lands shall escheat or be forfeited, so far as it would, if the person having the equitable had the legal title. Code 1919, § 514; 1977, c. 583. |