Agencies | Governor
Virginia Regulatory Town Hall
Agency
Department of Professional and Occupational Regulation
Board
Real Estate Board
chapter
Virginia Real Estate Board Licensing Regulations [18 VAC 135 ‑ 20]
This action is exempt from the executive branch review process.
Action:
Amendments to reflect Chapter 60 of the 2018 Acts of Assembly
 
General Information
Action Summary Chapter 60 of the 2018 Acts of Assembly added a new statute concerning protection of escrow funds in the event of termination of a real estate purchase contract. The Real Estate Board must conform relevant subsections of 18 VAC 135-20-80, which addresses maintenance and management of escrow accounts for real estate transactions, to the provisions of § 54.1-2108.2 of the Code of Virginia.
Chapters Affected Only affects this chapter.
Exempt from APA Yes, this action is exempt from Article II of the APA and executive branch review.
Exempt Citation: § 2.2-4006.A.4.a of the Code of Virginia
RIS Project Yes  [005659]
Associated Mandates Post-license and continuing education requirements; escrow funds
New Periodic Review This action will not be used to conduct a new periodic review.
 
Stages
Stages associated with this regulatory action.
Stage ID Stage Type Status
8376 Final Stage complete. This regulation became effective on 11/1/2018.
 
Contact Information
Name / Title: Christine Martine  / Executive Director
Address: 9960 Mayland Drive, Suite 400
Richmond, VA 23233
Email Address: reboard@dpor.virginia.gov
Phone: (804)367-8552    FAX: (804)527-4299    TDD: ()-

This person is the primary contact for this chapter.