W. Va. Code § 33-7-13
Valuation of mortgages or deeds of trust
West Virginia · West Virginia Code Chapter 33 — Insurance · Status: effective
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- Citation
- W. Va. Code § 33-7-13, Valuation of mortgages or deeds of trust, West Virginia, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2383000
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Full text
Mortgages or deeds of trust on real property shall be valued in an amount equal to the unpaid balance but not exceeding sixty- six and two-thirds percent of the fair value of such real property, except that any amount in excess of sixty-six and two- thirds percent may be included to the extent the loan evidenced by such deed of trust or mortgage is guaranteed by an agency of the federal government.