Article 3 Duties of Real Estate Brokers and Salespersons

This article is comprised of the following sections:
  • §54.1-2130 Definitions
  • §54.1-2131 Licensees engaged by sellers
  • §54.1-2132 Licensees engaged by buyers
  • §54.1-2133 Licensees engaged by landlords to lease property
  • §54.1-2134 Licensees engaged by tenants
  • §54.1-2135 Licensees engaged to manage real estate
  • §54.1-2136 Preconditions to brokerage relationship
  • §54.1-2137 Commencement and termination of brokerage relationships; brokerage agreements required
  • §54.1-2138 Disclosure of brokerage relationship in residential real estate transactions
  • §54.1-2138.1 Limited service agent in a residential real estate transaction, contract disclosure required
  • §54.1-2138.2 Duty to disclose ownership interest in specific real property
  • §54.1-2139 Disclosed dual agency and dual representation authorized in a residential real estate transaction
  • §54.1-2139.01 Disclosed dual agency and dual representation in commercial real estate transactions authorized
  • §54.1-2139.1 Designated standard agency or designated representation authorized in a residential real estate transaction
  • §54.1-2139.2 Repealed
  • §54.1-2140 Compensation shall not imply brokerage relationship
  • §54.1-2141 Brokerage relationship not created by using common source information company
  • §54.1-2142 Liability; knowledge not to be imputed
  • §54.1-2142.1 Liability for false information
  • §54.1-2143 Real estate board regulations to be consistent
  • §54.1-2144 Common law abrogated
  • §54.1-2145 Article does not limit antitrust laws
  • §54.1-2146 Licensee maintenance of records