Virginia Affidavit of Payment Prior to Sale or Refinance - Corporation or LLC

Virginia Affidavit of Payment Prior to Sale or Refinance - Corporation or LLC
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VA-05A-09
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Any person who is the owner of a one-family or two-family residential dwelling unit not included within the scope of § 43-13.2 shall, at the time of settlement on the sale of such property, provide the purchaser, or lender in the case of a permanent loan or refinance, with an affidavit stating either (i) that all persons performing labor or furnishing materials in connection with any improvements on such property within 120 days prior to the date of settlement and with whom such owner is in privity of contract have been paid in full, or (ii) the name, address and amount payable or claimed to be payable to any person so performing labor or furnishing materials and with whom such owner is in privity of contract.

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FAQ

Do you need proof of income to refinance?

Can you have a mortgage but not be on the title?

Do I need a title company to refinance?

Can you refinance without being on title?

Can I refinance a house that is not in my name?

Do you get a new grant deed when you refinance?

Why refinancing is a bad idea?

Does title change when you refinance?

Who gets the deed after closing?

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