Agencies | Governor
Virginia Regulatory Town Hall
Agency
Department of Professional and Occupational Regulation
Board
Real Estate Board
chapter
Virginia Real Estate Board Licensing Regulations [18 VAC 135 ‑ 20]
This action is exempt from the executive branch review process.
Action:
Amendments to reflect Chapter 60 of the 2018 Acts of Assembly
 
General Information
Action Summary Chapter 60 of the 2018 Acts of Assembly added a new statute concerning protection of escrow funds in the event of termination of a real estate purchase contract. The Real Estate Board must conform relevant subsections of 18 VAC 135-20-80, which addresses maintenance and management of escrow accounts for real estate transactions, to the provisions of § 54.1-2108.2 of the Code of Virginia.
Chapters Affected Only affects this chapter.
Exempt from APA Yes, this action is exempt from the Administrative Process Act. The normal executive branch review process is not required.
Exempt Citation: § 2.2-4006.A.4.a of the Code of Virginia
RIS Project Yes  [005659]
Associated Mandates Post-license and continuing education requirements; escrow funds
Note This action is not intended to satisfy the requirement that an entire regulation be reviewed every 4 years.
 
Stages
Stages associated with this regulatory action.
Stage ID Stage Type Status
8376 Final Submitted to the Registrar and awaiting publication (10/1/2018).
 
Contact Information
Name / Title: Christine Martine  / Executive Director
Address: 9960 Mayland Drive, Suite 400
Richmond, VA 23233
Email Address: reboard@dpor.virginia.gov
Phone: (804)367-8552    FAX: (804)527-4299    TDD: ()-

This person is the primary contact for this chapter.