Disclosure of Interest – Legal Case Study – June 2022
- VAR Legal Team
Disclosure of Interest This case examines a scenario where the agent fails to take necessary steps when renting out a property that she owns. It is important to…
Welcome Virginia REALTORS®
- VAR Legal Team
Disclosure of Interest This case examines a scenario where the agent fails to take necessary steps when renting out a property that she owns. It is important to…
Cate and Santiago discuss some of the new laws from the 2022 General Assembly that go live on July 1, 2022 unless noted. Part 1.
May 2022 -
This case examines a scenario where the agent fails to provide appropriate disclosure and obtain appropriate written consent of all clients to the transaction at the earliest practical…
The Residential Property Disclosure Act has a new, affirmative disclosure starting on January 1, 2022.
Nov 2021 - VAR Legal Team
Failing to Report Criminal Convictions In this case study, an agent is found guilty of multiple felonies and fails to report the conviction to the Board. The real…
Laura and Jessica discuss the new affirmative flood disclosure requirement starting in January. NFIP’s official website: www.floodsmart.gov
Posted June 3, 2021
The purpose of this Sales Meeting Kit is to highlight differences between property condition disclosure obligations for sellers and listing agents.
It will also discuss disclosure mechanics – Ex. Where does a listing agent disclose a material adverse fact?
This Sales Meeting Kit will also discuss seller disclosure requirements under the Residential Property Disclosure Act.
2021-05 - VAR Legal Team
In this case, an agent failed to get an updated signed buyer brokerage agreement with the purchaser in what was supposed to be a dual agency transaction. Virginia requires that all agency agreements be in writing.