VA LEG Landlord Fee Disclosures

Published on: Apr 9, 2025

On Mar. 24, VA LEG enacted bill re tenant fee disclosure statements.

  • VA LEG enacted bill HB 2430 re residential landlord and tenant act; fee disclosures.
  • Measure amended and reenacted VA LEG 55.1-1204.1 of the Code of Virginia.
  • Document dated Mar. 21, 2025, was received on Apr. 7 due to a fixed feed.
  • Bill Provisions
  • Landlords must provide the itemized charges on the rental agreement to the tenant.
  • Include security deposit, rent amount due per payment, additional one-time charges.
  • Prior to the commencement date of the rental or included in the first rental payment.
  • Must add specified verbiage just above the itemized list of charges of the agreement.
  • No additional security deposits/rent shall be charged unless listed/incorporated into this agreement by way of a separate addendum after execution of rental agreement.
  • Legislative History
  • On Jan. 8, 2025, bill introduced in the House; on Feb. 3, 2025, bill passed the House.
  • On Feb. 4, 2025, bill introduced in Senate; on Feb. 18, 2025, bill passed the Senate.
  • On Feb. 19, 2025, bill concurred in House; on Mar. 24, 2025, bill signed by governor.
  • Effectiveness
  • Bill was assigned Chapter 567, provisions become effective on Jul. 1, 2025.
Regulators
VA LEG
Entity Types
CNSM; Corp; MG Orig
Reference
Ch. 567, Bill HB2430, 3/24/2025; Citation: VA LEG 55.1-1204.1;
Functions
Compliance; Legal; Operations
Countries
United States of America
Category
State
N/A
Products
Corporate
Rule Type
Final
Regions
Am
Rule Date
Mar 24, 2025
Effective Date
Jul 1, 2025
Rule ID
249792
Linked to
N/A
Reg. Last Update
Mar 24, 2025
Report Section
US Consumer