2006 Code of Virginia § 6.1-2.9 - Lenders to furnish borrower with copy of appraisal

6.1-2.9. Lenders to furnish borrower with copy of appraisal.

Any lender which requires a borrower or prospective borrower to pay for aresidential appraisal made in connection with a loan or loan applicationshall, upon request by the borrower or prospective borrower, furnish free ofcharge such borrower or prospective borrower with a copy of the writtenappraisal or, if no written appraisal exists, with a statement of theappraised value within ten business days of the receipt of such request.

(1979, c. 101; 1988, c. 155; 1990, c. 7.)

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