With an increased number of questions on the Legal Hotline about what is required by sellers with regard to septic systems, we wanted to take this opportunity to do a deeper dive into what is required by law and the Virginia REALTORS® contract, and what you can do to keep your transactions moving smoothly.

Beware of these most common Real Estate Board violations by licensees. You’ll notice one common theme: escrow funds. Violations involving escrow funds continue to be some of the most frequently violated regulations for real estate licensees. Brokers, make sure you have policies in your office policy manual and provide education to prevent you and your licensees from engaging in any of these common offenses.

Virginia RELATORS® is encouraging you to use our Legal Hotline to have your business-related COVID-19 questions answered. Submit your questions there and receive a response from a member of our Legal Team. You can see the basic guidelines for the Legal Hotline on the webpage, and in this article, you’ll find tips and advice to help make this resource work for you.