Document dated Mar. 24, 2025, was received on Apr. 7, 2025 due to a fixed feed.
Bill Provisions
Clarifies that certain provisions related to real estate brokers, salespersons, and rental location agents do not apply to employees of licensed brokers managing property.
If their actions are limited to accepting rental agreements, disclosures, and payments.
Or if their actions only consist of accepting and signing broker-approved rental agreements, State/federal required disclosures, Virginia fair housing law documents.
Legislative History
On Jan. 12, 2025, bill introduced in House; on Feb 4, 2025, bill passed the House.
On Feb. 5, 2025, bill introduced in Senate; on Feb. 17, 2025, bill substitute passed.
On Mar. 24, 2025, governor signed bill into law, was assigned as Act Chapter 463.
