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§ 54.1-2100. Definitions - As used in this chapter: "Distance learning" means instruction delivered...
§ 54.1-2101. Real estate salesperson defined - For the purposes of this chapter, "real estate salesperson" means...
§ 54.1-2101.1. Preparation of real estate contracts by real estate licensees; translation - Notwithstanding any rule of court to the contrary, any person...
§ 54.1-2102. Repealed - Repealed by Acts 1992, c. 84.
§ 54.1-2103. Exemptions from chapter - A. The provisions of this chapter shall not apply to:...
§ 54.1-2104. Real Estate Board; membership; chairman; seal - The Real Estate Board shall be composed of nine members...
§ 54.1-2105. General powers of Real Estate Board; regulations; educational and experience requirements for licensure - A. The Board may do all things necessary and convenient...
§ 54.1-2105.01. Educational requirements for all salespersons within one year of licensure - A. The Board shall establish guidelines for a post-license educational...
§ 54.1-2105.02. Regulation of real estate education providers and courses - A. The Board may regulate any school that is established...
§ 54.1-2105.03. Continuing education; relicensure of brokers and salespersons - A. Board regulations shall include educational requirements as a condition...
§ 54.1-2105.04. Education requirements; reactivation of licenses; waiver - A. Board regulations shall include remedial educational requirements for any...
§ 54.1-2105.1. (Effective until January 1, 2023) Other powers and duties of the Real Estate Board - In addition to the provisions of §§ 54.1-2105.01 through 54.1-2105.04,...
§ 54.1-2105.1. (Effective January 1, 2023) Other powers and duties of the Real Estate Board - In addition to the provisions of §§ 54.1-2105.01 through 54.1-2105.04,...
§ 54.1-2105.2. Cease and desist orders for unlicensed activity; civil penalty - A. Notwithstanding any other provision of law, the Board may...
§ 54.1-2106. Repealed - Repealed by Acts 1996, c. 993.
§ 54.1-2106.1. Licenses required - A. No business entity, other than a sole proprietorship, shall...
§ 54.1-2106.2. Certification of audit on renewal of firm or sole proprietorship license - When submitting a renewal of any firm or sole proprietorship...
§ 54.1-2107. Certain action to constitute real estate broker or salesperson - One act for compensation or valuable consideration of buying or...
§ 54.1-2108. Protection of escrow funds, etc., held by broker - No licensee or any agent of the licensee shall divert...
§ 54.1-2108.1. Protection of escrow funds, etc., held by a real estate broker in the event of foreclosure of real property; required deposits - A. Notwithstanding any other provision of law: 1. If a...
§ 54.1-2108.2. Protection of escrow funds, etc., held by a real estate broker in the event of termination of a real estate purchase contract - Notwithstanding any other provision of law, for purchase transactions: 1....
§ 54.1-2109. (Effective until January 1, 2023) Death or disability of a real estate broker - Upon the death or disability of a licensed real estate...
§ 54.1-2109. (Effective January 1, 2023) Death or disability of a real estate broker - Upon the death or disability of a licensed real estate...
§ 54.1-2110. Resident broker to maintain place of business in Virginia - Every resident real estate broker shall maintain a place of...
§ 54.1-2110.1. Duties of supervising broker - A. Each place of business, each branch office, and each...
§ 54.1-2111. Consent to suits and service of process by nonresidents; manner of service - A. Every nonresident applicant shall file with the Real Estate...
§ 54.1-2111.1. Voluntary compliance program; real estate brokers - A. The Board shall promulgate regulations to allow the audit...
§ 54.1-2112. Definitions - As used in this article, unless the context requires a...
§ 54.1-2113. Establishment and maintenance of fund, duty of Director, assessments of regulants - A. Each initial regulant at the time of licensure shall...
§ 54.1-2114. Recovery from fund generally - A. The claimant shall not himself be (i) a regulant,...
§ 54.1-2115. Investigations - Upon receipt of the notice of proceedings against the regulant,...
§ 54.1-2116. Limitations upon recovery from fund; certain actions not a bar to recovery - A. The aggregate of claims by claimants against the fund...
§ 54.1-2117. Participation by Board in proceedings - Upon service of the complaint as provided in subdivision B...
§ 54.1-2118. Payment of claim; assignment of claimant's rights to Board - The Director shall, subject to the provisions of § 54.1-2116,...
§ 54.1-2119. Revocation of license of regulant upon payment from fund - Upon payment by the Director to a claimant from the...
§ 54.1-2120. No waiver by Board of disciplinary action against regulant - Nothing contained in this article shall limit the authority of...
§ 54.1-2130. Definitions - As used in this article: "Agency" means every relationship in...
§ 54.1-2131. Licensees engaged by sellers - A. A licensee engaged by a seller shall: 1. Perform...
§ 54.1-2132. Licensees engaged by buyers - A. A licensee engaged by a buyer shall: 1. Perform...
§ 54.1-2133. Licensees engaged by landlords to lease property - A. A licensee engaged by a landlord shall: 1. Perform...
§ 54.1-2134. Licensees engaged by tenants - A. A licensee engaged by a tenant shall: 1. Perform...
§ 54.1-2135. Licensees engaged to manage real estate - A. A licensee engaged to manage real estate shall: 1....
§ 54.1-2136. Preconditions to brokerage relationship - Prior to entering into any brokerage relationship provided for in...
§ 54.1-2137. Commencement and termination of brokerage relationships - A. The brokerage relationships set forth in this article shall...
§ 54.1-2138. Disclosure of brokerage relationship in residential real estate transactions - A. Upon having a substantive discussion about a specific property...
§ 54.1-2138.1. Limited service agent in a residential real estate transaction, contract disclosure required - A. A licensee may act as a limited service agent...
§ 54.1-2138.2. Duty to disclose ownership interest in specific real property - If a licensee knows or should have known that he,...
§ 54.1-2139. Disclosed dual agency and dual representation authorized in a residential real estate transaction - A. A licensee may not act as a dual agent...
§ 54.1-2139.01. Disclosed dual agency and dual representation in commercial real estate transactions authorized - A. A licensee may act as a dual agent or...
§ 54.1-2139.1. Designated standard agency or designated representation authorized in a residential real estate transaction - A. A principal or supervising broker may assign different licensees...
§ 54.1-2139.2. Repealed - Repealed by Acts 2012, c. 750, cl. 2.
§ 54.1-2140. Compensation shall not imply brokerage relationship - The payment or promise of payment or compensation to a...
§ 54.1-2141. Brokerage relationship not created by using common source information company - No licensee representing a buyer or tenant shall be deemed...
§ 54.1-2142. Liability; knowledge not to be imputed - A. A client is not liable for (i) a misrepresentation...
§ 54.1-2142.1. Liability for false information - A licensee shall not be liable for providing false information...
§ 54.1-2143. Real estate board regulations to be consistent - Any regulations adopted by the Virginia Real Estate Board shall...
§ 54.1-2144. Common law abrogated - The common law of agency relative to brokerage relationships in...
§ 54.1-2145. Article does not limit antitrust laws - Nothing in this article shall be construed to limit, modify,...
§ 54.1-2146. Licensee maintenance of records - Any document or record required to be maintained by a...