Exceeding the Scope of Access—Legal Case Study—November 2019

This case highlights the importance of confirming that your clients have the authority to access property and that you do not provide access in excess of the scope allowed. In addition, it demonstrates the importance of providing honest and reliable testimony to the Virginia Real Estate Board when facing a potential violation.

View Article

Disclosure of Licensee Status—Legal Case Study—March 2019

This case study highlights the importance of making the necessary disclosures with regards to your real estate license status, and making sure that all agents in your firm understand when this disclosure must be made. Despite not actively listing real estate in over 20 years, this agent was still a licensed Virginia real estate agent and needed to adhere to the applicable Virginia laws and regulations.

View Article

Lead Based Paint Update—Legal Podcast

What are the requirements of the Federal Lead Based paint regulations? Jon and Laura explain and introduce the updates to the Lead Based Paint Disclosure Form. They take it to the legal hotline and show you how to limit your risk.

View

Flood Insurance Best Practices—Legal Podcast

The Legal team discusses the best ways to help protect your clients when it comes to flood insurance. Jessica and Laura talk about flood insurance in general, as well as the ways in which it might be changing based on new federal legislation. They also discuss flood hazard areas and what your clients do and do not have to disclose. Finally, they answer a few Legal Hotline questions from you, our members.

View

Radon—Legal Podcast

This week, the Virginia REALTORS® legal team discusses issues surrounding radon. Cate and Jon talk about how radon gets into homes, how you test for it, and how you can cure high levels. They also answer some questions from the hotline, such as whether you need two separate companies to test, mitigate, and retest. Finally, they explain how you can limit your risk as a REALTOR® when dealing with radon testing.

View