SB993: Real estate brokers, salespersons, and rental location agents; exemptions.
Legislative Summary
Department of Professional and Occupational Regulation; real estate brokers, salespersons, and rental location agents; exemptions. Clarifies that the provisions related to real estate brokers, salespersons, and rental location agents shall not apply to any person employed by a licensed real estate broker for and on behalf of the owner of any real estate or the improvements thereon that the licensed broker has contracted to manage for the owner if the actions of such employee are limited to (i) accepting and signing broker-approved rental agreements, state or federal required disclosures, and any documents required for compliance with Virginia Fair Housing Law related to such rental transaction and (ii) accepting security deposits, periodic rent, and other payments contracted for in the rental agreement for such real estate. The bill contains technical amendments. This bill is identical to HB 2557.
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Bill History
Roll Call Votes
Status Information
Sponsors
Primary Sponsor
