Unfair Rent Caps
The threat:
In 2023, Virginia imposed an unfair cap on how much rent Property Managers could charge tenants. Even amid rising costs, you wouldn’t have been allowed to increase the rent for your rental property owners.
How we fought for REALTORS®.
The Virginia REALTORS® Government Relations Team lobbied against (and successfully defeated!) this alarming bill that would have placed caps on the amount of rent increases you could charge. We put a stop to the bill that would have hurt YOUR bottom line.
How you can help.
Join the fight to protect your business. Without your support, we cannot remain a powerful voice on the key issues that affect your business.
Fight for REALTORS® – Contribute today!
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Contributions to Virginia REALTORS® RPAC are voluntary and are used for political purposes; they are not deductible for federal or state income tax purposes. Members may contribute more or less than the suggested amount and may refuse to contribute without reprisal. The National Association of REALTORS® or any of its state associations or local boards will not favor or disfavor any member because of the amount contributed. NAR has established state Federal RPAC Disbursement Allocations based on anticipated National RPAC needs. Thirty percent of all Major Investor contributions are sent to NAR to be applied to the Federal RPAC Disbursement Allocation and are charged against the limits under 52 U.S.C. 30116 with the remaining seventy percent maintained for state and local usage. Decisions regarding Virginia REALTORS® RPAC contributions to meet the Federal RPAC Disbursement Allocation will be made throughout the fundraising year. The contributor certifies that they are at least 18 years old and are making this contribution with their own personal funds- not those of another person or entity, nor are they a foreign national or federal contractor.