| Action Summary | Chapter 67 of the 2017 Acts of Assembly amended statutes concerning protection of escrow funds in the event of foreclosure involving real property subject to lease transactions. This exempt action conforms relevant subsections of 18 VAC 135-20-180, which address maintenance and management of escrow accounts by real estate licensees, to the new statutory language. |
| 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: Subsection A.4.a of ยง 2.2-4006 |
| RIS Project | Yes [005290] |
| Associated Mandates |
Chapter: 67 (2017)
|
| New Periodic Review | This action will not be used to conduct a new periodic review. |
| Stage ID | Stage Type | Status |
|---|---|---|
| 8075 | Final | Stage complete. This regulation became effective on 12/01/2017. |
| 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: ()- |