Place of Business and Branch Offices
The team discusses the laws and regulations around places of business and branch offices.
Podcast - March 26, 2024
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Check out Caveat REALTOR®, a podcast from the Virginia REALTORS® legal team. You’ll be able to listen on the go with this entertaining (and informative) format of legal updates. Now available through iTunes, Spotify, Stitcher, and GooglePlay. Don’t forget to subscribe and rate!
Here are our latest episodes:
The team discusses the laws and regulations around places of business and branch offices.
Podcast - March 26, 2024
VAR Staff Counsel, Sean Olk, discusses the role of a supervising broker along with the duties that they must perform. Have legal questions? Get answers with our Legal…
Video - March 4, 2024
The Legal Department discusses updates to the Office Policy Manuals. Check out our Broker Resources page.
Podcast - January 16, 2024
Let’s say that you are a broker and you are thinking about retirement. What are some steps that you should take to safeguard the interest of your business?…
Video - December 1, 2023
Jon and Santiago talk about the new law on January 1st, 2023 regarding Death or Disability of a Broker.
Podcast - December 20, 2022
Laura and Santiago do a PSA on following the Law. Just because someone is doing something, it doesn’t necessarily mean that it is legal…
Podcast - August 30, 2022
Laura and Cate discuss some tips for new brokers.
Podcast - May 31, 2022
Jessica and Santiago discuss some of the new laws from the 2022 General Assembly that go live on July 1, 2022 unless noted. Part 2.
Podcast - May 24, 2022
In this case study, an agent takes funds that are supposed to be put into an escrow account and deposits them into her personal bank account without letting her broker know of her actions. Immediately upon learning of her actions, the Principal Broker reports the behavior to DPOR and returns her license, demonstrating her commitment to safeguarding the public and supervising the agents in her firm.
Article - September 7, 2021
In this case study, the agent failed to make a timely deposit of the escrow funds. Despite having signed an acknowledgment of the Broker’s Policy and Procedure Manual, the agent still failed to input the contract and timely deposit the funds. Nevertheless, because of these policies and procedures, the Principal Broker was still able to discover the error and report the escrow violation to DPOR, ensuring that she properly supervised the agents in the firm.
Article - August 2, 2021