Obligation for Delivery of Documents
February 25, 2025
Virginia Real Estate Regulation 18VAC135-20-310, titled “Improper Delivery of Instruments,” addresses the legal and ethical obligations of real estate licensees in the state of Virginia regarding the delivery of certain documents, particularly those related to transactions such as contracts, offers, and disclosures.
The regulation emphasizes that real estate licensees must ensure that documents are delivered in a manner that upholds the integrity of the transaction and provides proper notice to all parties involved. The improper delivery of instruments refers to situations where documents are either not delivered in the correct format, not delivered in a timely manner, or delivered to the wrong parties. Such improper delivery can lead to disputes, delays, and potential legal complications, undermining the smooth progression of real estate transactions.
One key aspect of the regulation is the responsibility of the licensee to deliver documents directly to the intended recipient, unless the recipient has provided clear instructions for an alternative delivery method. If documents are delivered improperly, it could result in the recipient not receiving critical information, potentially impacting their decision-making or ability to proceed with the transaction.
Licensees are required to be diligent in adhering to established procedures for the delivery of instruments, whether they are physical or electronic. This includes ensuring that contracts, amendments, or any legally binding documents are properly executed, signed, and acknowledged in accordance with state law. Failure to do so can result in penalties, including disciplinary action by the Virginia Real Estate Board.
By regulating the delivery of instruments, Virginia’s real estate laws aim to protect all parties involved in real estate transactions, ensuring transparency, fairness, and legal compliance throughout the process.
If you still have questions, reach out to the Virginia REALTORS® Legal Hotline.
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