Virginia Regulatory Town Hall
Department of Professional and Occupational Regulation
Real Estate Board
Virginia Real Estate Board Licensing Regulations [18 VAC 135 ‑ 20]
Action is Exempt from Article 2 of the Administrative Process Act
Amendments to reflect Chapter 60 of the 2018 Acts of Assembly
Action 5117
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.
Executive Branch Review This Action is exempt from Article 2 of the Administrative Process Act. The normal executive branch review process is not required. As such, it can be submitted directly for publication and is effective upon publication.
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
New Periodic Review This action will not be used to conduct a new periodic review.
Stages associated with this regulatory action.
Stage ID Stage Type Status
8376 Final Stage complete. This regulation became effective on 11/01/2018.
Contact Information
Name / Title: Anika Coleman  / Executive Director
Address: 9960 Mayland Drive, Suite 400
Suite 400
Richmond, VA 23233
Email Address:
Phone: (804)367-8552    FAX: (866)826-8863    TDD: ()-

This person is the primary contact for this board.