As used in this chapter, unless the context requires a different meaning:
"Electronic delivery," for purposes of delivery of the disclosures required by this chapter, means sending the required disclosures via the Internet, provided that the sender retains sufficient proof of the electronic delivery, which may be an electronic receipt of delivery, a confirmation that the notice was sent by facsimile, or a certificate of service prepared by the sender confirming the electronic delivery.
"Notification" means a statement acknowledging that the purchaser has been advised of any disclosures required by this chapter on the Real Estate Board's website or delivery of any such disclosures to the purchaser.
"Ratification" means the full execution of a real estate purchase contract by all parties.
"Real estate contract" means a contract for the sale, exchange, or lease with the option to buy of residential real estate subject to this chapter.
2017, c. 386, § 55-517.1; 2019, c. 712; 2020, c. 749.
Structure Code of Virginia
Title 55.1 - Property and Conveyances
Chapter 7 - Virginia Residential Property Disclosure Act
§ 55.1-703. Required disclosures for buyer to beware; buyer to exercise necessary due diligence
§ 55.1-704. Required disclosures pertaining to a military air installation
§ 55.1-706. Required disclosures; pending building or zoning violations
§ 55.1-706.1. Required disclosures; lis pendens
§ 55.1-707. Permissive disclosure; tourism activity zone
§ 55.1-708. Required disclosures; property previously used to manufacture methamphetamine
§ 55.1-708.1. Required disclosures; stormwater management facilities
§ 55.1-708.2. Required disclosures pertaining to repetitive loss
§ 55.1-709. Time for disclosure; termination of contract
§ 55.1-711. Change in circumstances
§ 55.1-712. Duties of real estate licensees
§ 55.1-713. Actions under this chapter
§ 55.1-714. Real Estate Board to develop form; when effective