Mandate 1441
Mandate Information | |
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Mandate Title:
Real estate brokers and salespersons; duties, licensees engaged by buyers.
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Purpose of legislation
Repeals the provision providing that, notwithstanding any other provision of law requiring written brokerage agreements or governing the duties of licensees, nothing shall be construed to require that a written agreement between a licensee and a prospective buyer or tenant be executed prior to the licensee's showing properties to the prospective buyer. The bill also provides that a licensee engaged by a seller or landlord shall not be required to show property to a prospective buyer when such showing is conducted pursuant to and in accordance with a brokerage agreement entered into with a seller or landlord client.
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Legislation mandating a change | Chap 479 (2025) Chap 495 (2025) |
VAC chapters to be amended |
18 vac 135 - 20 : Virginia Real Estate Board Licensing Regulations
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Associated Regulatory Actions | No regulatory action has been filed. |
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