Chapter 10. Real Estate Settlement AgentsRead Chapter
- § 55.1-1000
- Definitions
- § 55.1-1001
- Limitation on applicability of chapter
- § 55.1-1002
- Scope of chapter; lay real estate settlement agents
- § 55.1-1003
- Persons who may act as a settlement agent
- § 55.1-1004
- Duties of settlement agents
- § 55.1-1005
- Persons prohibited from assisting or being employed by settlement agents
- § 55.1-1006
- Choice of settlement agent
- § 55.1-1007
- Disclosure
- § 55.1-1008
- Conditions for providing escrow, closing, or settlement services and for maintaining escrow accounts
- § 55.1-1009
- Falsifying settlement statements prohibited
- § 55.1-1009.1
- Prohibition against payment or receipt of settlement services kickbacks, rebates, commissions, and other payments
- § 55.1-1010
- Separate charge for reporting transactions limited
- § 55.1-1011
- Record retention requirements
- § 55.1-1012
- Regulations and orders
- § 55.1-1013
- Accounting by title insurance companies
- § 55.1-1014
- (Effective until January 1, 2021) Settlement agent registration requirements and compliance with unauthorized practice of law guidelines; civil penalty
- § 55.1-1014
- (Effective January 1, 2021) Settlement agent registration requirements and compliance with unauthorized practice of law guidelines; civil penalty
- § 55.1-1015
- Penalties and liabilities
- § 55.1-1015.1
- Civil penalties; attorney fees
- § 55.1-1016
- Confidentiality of information obtained by the Commission