Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 54.1-2136: Preconditions to brokerage relationship

Where this section sits in the code

Title 54.1. PROFESSIONS AND OCCUPATIONS
Subtitle II. PROFESSIONS AND OCCUPATIONS REGULATED BY THE DEPARTMENT OF PROFESSIONAL AND OCCUPATIONAL REGULATION AND BOARDS WITHIN THE DEPARTMENT
Chapter 21. REAL ESTATE BROKERS, SALES PERSONS AND RENTAL LOCATION AGENTS
Article 3. DUTIES OF REAL ESTATE BROKERS AND SALESPERSONS

Prior to entering into any brokerage relationship provided for in this article, a licensee shall advise the prospective client of (i) the type of brokerage relationship proposed by the broker and (ii) the broker's compensation and whether the broker will share such salary or compensation with another broker who may have a brokerage relationship with another party to the transaction.1995, cc. 741, 813.

Collected 2026-09-04T15:17:24Z. Source file · JSON

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