With respect to a consumer credit sale of real estate, other than a sale involving a mobile home and real estate as referred to in section one hundred one of this article or goods which become fixtures, where title is retained or there is created or retained by agreement a purchase money lien against the real estate, the seller may contract for and receive a sales finance charge not exceeding the interest permitted by section five, article six, chapter forty-seven of this code.
In addition to the sales finance charge permitted by this section with respect to such sale, a seller may also contract for and receive additional charges, delinquency charges, and deferral charges and compute rebates upon prepayment, refinancing or consolidation as defined and authorized by this chapter.
Structure West Virginia Code
Chapter 46A. West Virginia Consumer Credit and Protection Act
Article 3. Finance Charges and Related Provisions
§46A-3-101. Finance Charges Generally
§46A-3-102. Sales Finance Charge for Certain Consumer Credit Sales of Real Estate
§46A-3-106. Loan Finance Charge for Revolving Loan Accounts
§46A-3-107. Sales Finance Charges and Loan Finance Charges on Refinancing
§46A-3-108. Sales Finance Charges and Loan Finance Charges on Consolidation
§46A-3-109a. Collateral Protection Insurance
§46A-3-112. Delinquency Charges on Precomputed Consumer Credit Sales or Consumer Loans
§46A-3-114. Deferral and Modification Charges
§46A-3-115. Advances to Perform Covenants of Consumer
§46A-3-116. Change in Terms of Revolving Charge Accounts or Revolving Loan Accounts