55-284 - Recordation, etc., as notice to purchaser or mortgagee of property. - Virginia Statutes

§ 55-284. Recordation, etc., as notice to purchaser or mortgagee of property.

No purchaser or mortgagee of real property subject to a power of appointmentwho is without actual notice shall be deemed to have notice of a release ofthe power unless and until the original or duplicate original is filed forrecord in the clerk's office which is designated for the recordation of deedsin the county or city in which the particular real property so purchased ormortgaged is located, and unless and until the deed, will or other instrumentcreating the power, or a duly attested copy thereof, is recorded in the sameoffice, and unless and until an appropriate notation is entered on the marginof the will or deed book where the instrument creating the power is recordedreferring to the deed book and page where the release is recorded.

(1944, p. 68; Michie Suppl. 1946, § 5440(7).)