Application Process in Property Management
In this video, Ryan discusses rules and restrictions around assessing the application process for prospective tenants. Have legal questions? Get answers with our Legal Hotline.
Video - October 15, 2024
Legal Resource Library
Risk management is at the heart of professional real estate practice. The Virginia REALTORS® Legal Resources are designed to keep you updated on legal issues relevant to your real estate practices and to reduce your exposure to risk. Our staff monitors legislative and regulatory issues and keeps you informed of changes that affect your real estate business.
Resources include the Legal Hotline, Videos, Webinars, Broker Resources, the Ethics Center, and Standard forms and contracts available to you at no cost as a member benefit.
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Ownership Disclosure
The legal team talks about how to disclose if you or a family member has an ownership interest in a property.
Podcast - October 15, 2024
Dual/Variable Rate Commissions
The legal team discusses the rules for disclosing dual or variable rate commission arrangements.
Podcast - October 8, 2024
Disclosing Variable Rate Commissions – Sales Meeting Kit
Are you an agent wondering how to disclose variable rate commissions in a post-settlement world? Share these materials at your next meeting.
Sales Meeting Kit - October 6, 2024
Dispersing the Security Deposit – Legal Case Study – October 2024
This case examines a scenario in which a real estate licensee acting as a property manager incorrectly dispersed a tenant’s security deposit to the owner. When a real…
Article - October 6, 2024 - VAR Legal Team
When do I need a Buyer Broker Agreement?
In this video, Santiago goes over different scenarios to explain when a Buyer Broker Agreement is needed. Disclosure of brokerage relationship: https://law.lis.virginia.gov/vacode/title54.1/chapter21/section54.1-2138/ Have legal questions? Get answers with…
Video - October 4, 2024
Licensee Liability
The Legal Team reviews the law in Virginia regarding agent liability.
Podcast - October 1, 2024
Fair Housing and Source of Funds
Is it a violation of Fair Housing to deny someone because of their source of funds if they use a real estate licensee? In this video, Santiago takes…
Video - September 26, 2024
Do I Need an Attorney for That?
The Legal Team discusses some common legal scenarios for property managers and whether an attorney is required or recommended for such situations.
Podcast - September 19, 2024
Breaking Up with Impossible Clients
The legal team discusses how to reduce your liability when trying to end a relationship with an impossible client.
Podcast - September 10, 2024
Coop Compensation
In this video, Jon clarifies what is no longer allowed, what is still allowed, and how to know the difference when it comes to cooperative compensation. VAR’s FAQ…
Video - September 9, 2024
Source of Funds – Sales Meeting Kit
Are your agents up to speed on Virginia Fair Housing Law? Share these materials at your next meeting. See All Sales Meeting Kits
Sales Meeting Kit - September 9, 2024
NAR Settlement Overview
The Legal Team provides an overview of the NAR Settlement after the changes have been in place for a few weeks.
Podcast - September 3, 2024
Resale Certificate Update
The Legal Team discusses the process involved with requesting a resale certificate in a common interest community and the purchaser’s subsequent right to cancel.
Podcast - August 27, 2024
Seller Concessions
Can you offer seller concessions in the MLS with NAR’s new rule change? Does an advertisement of seller concession automatically bind a seller to the amount advertised? Find…
Video - August 20, 2024
Compensation Disclosure
The Legal Team discusses how to stay compliant when providing required disclosures to your client.
Podcast - August 20, 2024
Unrepresented Buyer Disclosure
The Legal Team discusses when you should—and when you should not—use an Unrepresented Party Disclosure.
Podcast - August 6, 2024
Co-Listing
The Legal Department talks about co-listings, including an idea of the questions to ask and some of the dangers involved.
Podcast - August 5, 2024
The NAR Settlement – Sales Meeting Kit
What essential updates does your team need to know? Share these resources in your next sales meeting! See all sales meeting kits.
Sales Meeting Kit - August 1, 2024
Failing to Comply with PMA – Legal Case Study – August 2024
This case study highlights the importance of accurate written brokerage agreements, and a licensee’s obligation to comply with such agreements. When property managers bring existing clients to a…
Article - August 1, 2024 - VAR Legal Team
Temporary Rule Change for VA Loans
On August 10, 2024, a new rule will go into effect, allowing buyers using VA loans to pay broker-related fees. Watch this video to learn the ins and…
Video - July 25, 2024
Fair Housing and College Students
The Legal Team discusses how to stay in compliance with fair housing law when advertising properties near colleges and universities.
Podcast - July 23, 2024
Presenting Offers
The Legal Team discusses how to ensure your buyer’s offer is actually presented to the seller.
Podcast - July 16, 2024
Vacant Land Scams
The Legal Team discusses a scam that you and your clients should be aware of.
Podcast - July 9, 2024
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