New Year, new laws: These Virginia real estate laws took effect this week
January 4, 2019
By: Guest Author, Virginia REALTORS® General Counsel, Laura Farley
Teams Laws aren’t the only changes that took effect on January 1, 2019. In addition to teams, a few more provisions from the 2018 General Assembly took effect on January 1, 2019.
- Brokers must take 2 of the existing 8 Broker CE hours learning about the broker supervision requirements in the Code of Virginia and the Real Estate Board Regulations
- New licensees must take 1 of the existing 30 post-licensing CE hours learning about real estate-related finance
- New licensees have until one year from the last day of the month in which they were licensed to finish the post-license education
- All brokerage agreements must contain the name and contact information for the supervising broker
More information on all of the new laws, including these, can be found here: https://www.virginiarealtors.org/new-laws-july-1-2018/
You might also like…
Your Guide to Election Season & Absentee Voting
By Virginia REALTORS® - September 8, 2023
As a Virginia REALTOR®, you see the impact that lawmakers have on our communities daily! Whether it’s local sign ordinances, business and income taxes, business model regulation, or… Read More
Sometimes When a REALTOR® Wins, REALTORS® win!
By Virginia REALTORS® - August 31, 2023
As the Nation keeps a watchful eye on November here in Virginia, there is one final candidate to highlight from the 2023 Primary Elections. This is a candidate… Read More
Tara Durant: A Servant Leader and REALTOR® Champion
By Virginia REALTORS® - August 16, 2023
Elected to the House of Delegates in 2021, Tara Durant understands that in order to ensure the next generation remains here in Virginia, we need strong, thriving communities.… Read More