Chapter 20. Virginia Real Estate Board Licensing RegulationsRead Chapter
- Part I.Read allGeneral
- Section 10
- Definitions
- Part II.Read allEntry
- Section 20
- Necessity for license (Refer to § 54.1-2106.1 of the Code of Virginia.)
- Section 30
- Qualifications for licensure
- Section 40
- Additional qualifications for brokers
- Section 45
- Additional qualifications for salesperson's or broker's license as a business entity
- Section 50
- Concurrent licenses
- Section 55
- Exchange to salesperson's license
- Section 60
- Qualifications for licensure by reciprocity
- Section 65
- Universal license recognition
- Section 70
- Activation or transfer of license
- Section 80
- Application fees
- Part III.Read allRenewal of License
- Section 90
- Renewal required
- Section 100
- [Repealed]
- Section 101
- Qualification for renewal; continuing education requirements
- Section 105
- [Repealed]
- Section 110
- Procedures for renewal
- Section 120
- Fees for renewal
- Section 130
- Board discretion to deny renewal
- Part IV.Read allReinstatement
- Section 140
- Failure to renew; reinstatement required
- Section 150
- Board discretion to deny reinstatement
- Part V.Read allStandards of Practice and Conduct
- Section 155
- Grounds for disciplinary action
- Section 160
- Place of business
- Section 165
- Duties of supervising broker
- Section 170
- Maintenance of licenses
- Section 180
- Maintenance and management of escrow accounts
- Section 185
- Maintenance and management of financial records
- Section 190
- Advertising by licensees
- Section 200
- [Repealed]
- Section 210
- [Repealed]
- Section 220
- Disclosure of brokerage relationships
- Section 225
- Audits
- Section 230
- [Repealed]
- Section 240
- Provision of records to the board
- Section 250
- Response to any inquiry of the board
- Section 260
- Prohibited acts
- Section 270
- Conflict of interest
- Section 280
- Improper brokerage commission
- Section 290
- Improper dealing
- Section 300
- Misrepresentation/omission
- Section 310
- Improper delivery of instruments
- Section 320
- [Repealed]
- Section 330
- Principal and supervising broker's responsibility for acts of licensees and employees
- Section 340
- Effect of disciplinary action on subordinate licensees
- Section 345
- Effect of disciplinary action on concurrent licenses
- Part VI.Read allSchools
- Section 350
- Definitions
- Section 360
- Proprietary school standards, instructor qualifications and course requirements
- Section 370
- Fees
- Section 380
- Posting school certificate of approval and instructor certificates
- Section 390
- Withdrawal of approval
- Section 400
- Course content of real estate principles and practices
- Section 410
- Broker courses
- Section 420
- [Repealed]
- FORMS
- FORMS (18VAC135-20)