Chapter 21. Real Estate Brokers, Sales Persons and Rental Location AgentsRead Chapter
- Article 1. Regulation of Real Estate Brokers, Salespersons and Rental Location AgentsRead all
- § 54.1-2100
- Definitions
- § 54.1-2101
- Repealed
- § 54.1-2101.1
- Preparation of real estate contracts by real estate licensees; translation
- § 54.1-2102
- Repealed
- § 54.1-2103
- Exemptions from chapter
- § 54.1-2104
- Real Estate Board; membership; chairman; seal
- § 54.1-2105
- General powers of Real Estate Board; regulations; educational and experience requirements for licensure
- § 54.1-2105.01
- Educational requirements for all salespersons within one year of licensure
- § 54.1-2105.02
- Regulation of real estate education providers and courses
- § 54.1-2105.03
- Continuing education; relicensure of brokers and salespersons
- § 54.1-2105.04
- Education requirements; reactivation of licenses; waiver
- § 54.1-2105.1
- Other powers and duties of the Real Estate Board
- § 54.1-2105.2
- Cease and desist orders for unlicensed activity; civil penalty
- § 54.1-2106
- Repealed
- § 54.1-2106.1
- Licenses required
- § 54.1-2106.2
- Certification of audit on renewal of firm or sole proprietorship license
- § 54.1-2107
- Repealed
- § 54.1-2108
- Protection of escrow funds, etc., held by broker
- § 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
- § 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
- § 54.1-2109
- Death or disability of a real estate broker
- § 54.1-2110
- Resident broker to maintain place of business in Virginia
- § 54.1-2110.1
- Duties of supervising broker
- § 54.1-2111
- Consent to suits and service of process by nonresidents; manner of service
- § 54.1-2111.1
- Voluntary compliance program; real estate brokers
- Article 2. Virginia Real Estate Transaction Recovery ActRead all
- § 54.1-2112
- Definitions
- § 54.1-2113
- Establishment and maintenance of fund, duty of Director, assessments of regulants
- § 54.1-2114
- Recovery from fund generally
- § 54.1-2115
- Investigations
- § 54.1-2116
- Limitations upon recovery from fund; certain actions not a bar to recovery
- § 54.1-2117
- Participation by Board in proceedings
- § 54.1-2118
- Payment of claim; assignment of claimant's rights to Board
- § 54.1-2119
- Revocation of license of regulant upon payment from fund
- § 54.1-2120
- No waiver by Board of disciplinary action against regulant
- Article 3. Duties of Real Estate Brokers and SalespersonsRead all
- § 54.1-2130
- Definitions
- § 54.1-2131
- Licensees engaged by sellers
- § 54.1-2132
- Licensees engaged by buyers
- § 54.1-2133
- Licensees engaged by landlords to lease property
- § 54.1-2134
- Licensees engaged by tenants
- § 54.1-2135
- Licensees engaged to manage real estate
- § 54.1-2136
- Preconditions to brokerage relationship
- § 54.1-2137
- Commencement and termination of brokerage relationships
- § 54.1-2138
- Disclosure of brokerage relationship in residential real estate transactions
- § 54.1-2138.1
- Limited service agent in a residential real estate transaction, contract disclosure required
- § 54.1-2138.2
- Duty to disclose ownership interest in specific real property
- § 54.1-2139
- Disclosed dual agency and dual representation authorized in a residential real estate transaction
- § 54.1-2139.01
- Disclosed dual agency and dual representation in commercial real estate transactions authorized
- § 54.1-2139.1
- Designated standard agency or designated representation authorized in a residential real estate transaction
- § 54.1-2139.2
- Repealed
- § 54.1-2140
- Compensation shall not imply brokerage relationship
- § 54.1-2141
- Brokerage relationship not created by using common source information company
- § 54.1-2142
- Liability; knowledge not to be imputed
- § 54.1-2142.1
- Liability for false information
- § 54.1-2143
- Real estate board regulations to be consistent
- § 54.1-2144
- Common law abrogated
- § 54.1-2145
- Article does not limit antitrust laws
- § 54.1-2146
- Licensee maintenance of records