Labor
Department of Professional and Occupational Regulation
Real Estate Board
Mandate 1394
| Mandate Information | |
|---|---|
|
Mandate Title:
Real estate broker; definition.
|
|
|
Purpose of 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.
|
|
| Legislation mandating a change | Chap 459 (2024) Chap 621 (2024) |
| VAC chapters to be amended |
18 vac 135 - 20 : Virginia Real Estate Board Licensing Regulations
|
| Associated Regulatory Actions | No regulatory action has been filed. |
 |
|