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]
Action is Exempt from Article 2 of the Administrative Process Act
Action:
HB 917 and SB 358 Amendment
Action 6532
 
General Information
Action Summary This action amends the Virginia Real Estate Board Licensing Regulations to conform to changes resulting from the enactment of Chapters 459 and 621 of the 2024 Acts of Assembly. The legislation adds to the definition of "real estate broker" any individual or business entity who sells or offers to sell, buys or offers to buy, negotiates, or otherwise deals in real estate contracts, including assignable contracts, on two or more occasions in any 12-month period for compensation or valuable consideration. The legislation also makes technical changes to Chapter 21 (§ 54.1-2100 et seq.) of Title 54.1 of the Code of Virginia, including the repeal of § 54.1-2101. The proposed amendments make technical changes to the regulation to conform applicable provisions of the regulation to the legislation. References to the repealed § 54.1-2101 in the regulation are removed from the regulation.
Chapters Affected Only affects this chapter.
Executive Branch Review This Action is exempt from Article 2 of the Administrative Process Act, but falls within the Executive Branch and will be reviewed by the Governor's Office.
RIS Project Yes  [7865]
Associated Mandates Real estate broker; definition.
New Periodic Review This action will not be used to conduct a new periodic review.
 
Stages
Stages associated with this regulatory action.
Stage ID Stage Type Status
10420 Final Stage complete. This regulation became effective on 11/01/2024.
 
Contact Information
Name / Title: Anika Coleman  / Executive Director
Address: 9960 Mayland Drive, Suite 400
Suite 400
Richmond, VA 23233
Email Address: reboard@dpor.virginia.gov
Phone: (804)367-8552    FAX: (866)826-8863    TDD: ()-

This person is the primary contact for this board.