18VAC135-20-400. Course content of real estate principles and practices.
The following must be included in the four-semester-hour or six-quarter-hour course. Such course must be at least 60 class hours:
1. Economy and social impact of real estate,
2. Real estate market and analysis,
3. Property rights,
4. Contracts,
5. Deeds,
6. Mortgages and deeds of trust,
7. Types of mortgages,
8. Leases,
9. Liens,
10. Home ownership,
11. Real property and title insurance,
12. Investment,
13. Taxes in real estate,
14. Real estate financing,
15. Brokerage agreements and agency contract responsibilities,
16. Real estate marketing,
17. Real property management,
18. Search, examination, and registration of title,
19. Title closing,
20. Appraisal of residential and income producing property,
21. Planning subdivision developments and condominiums,
22. Regulatory statutes,
23. Housing legislation,
24. Fair housing statutes, and
25. Real Estate Board regulations.
Statutory Authority
§ 54.1-2105 of the Code of Virginia.
Historical Notes
Derived from VR585-01-1 § 7.6, eff. July 15, 1987; amended, Virginia Register Volume 5, Issue 23, eff. October 1, 1989; Volume 7, Issue 14, eff. May 15, 1991; Volume 8, Issue 13, eff. May 15, 1992; Volume 11, Issue 18, eff. June 28, 1995; Volume 15, Issue 5, eff. January 1, 1999; Volume 42, Issue 14, eff. April 1, 2026.