Mandate 910
Mandate Information | |||
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Mandate Title:
Responsibilities of teams, brokers, and branch offices
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Purpose of legislation
Requires real estate teams to obtain a business entity salesperson's license from the Board. Also requires a principal broker to obtain a branch office license for each place of business within the Commonwealth; expands responsibilities of supervising brokers; and requires supervising brokers provide names and license numbers of each licensee affiliated with the branch office at the time of the renewal. The bill has a delayed effective date of January 1, 2019.
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Legislation mandating a change | Chap 223 (2018) Chap 224 (2018) | ||
VAC chapters to be amended |
18 vac 135 - 20 : Virginia Real Estate Board Licensing Regulations
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Associated Regulatory Actions |
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