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ALBRECHT v. TROEMMLER

189 S.E.2d 357 (1972)

213 Va. 23

Eugene Elwood ALBRECHT et al. v. Fred A. TROEMMLER et al. TROEMMLER PROPERTIES, INCORPORATED, et al. v. INVESTORS MANAGEMENT SERVICES, LTD., et al.

Supreme Court of Virginia.

June 12, 1972.

Attorney(s) appearing for the Case

Lytton H. Gibson, Falls Church, for appellants Eugene Elwood Albrecht and others.

Gerald E. Williams, Arlington, for appellants, Troemmler Properties, Inc., and others.

Edgar B. May, Washington, D. C. (Harold W. Adams, Alexandria, on brief), for appellees.

Before SNEAD, C. J., and I'ANSON, CARRICO, HARRISON, COCHRAN and HARMAN, JJ.

PER CURIAM.

Code § 6.1-330 provides that there shall not be charged for a loan secured by a deed of trust, except a first deed of trust on improved residential property, an amount exceeding interest at 6% 1 plus an investigation fee of 2%. And under Code § 6.1-330.1, any deed of trust or note received or made in violation of § 6.1-330 shall be "null and void and unenforceable...

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