                                 CODE OF VIRGINIA

ESTABLISHMENT BY LOCALITIES OF CERTAIN REAL ESTATE CONTRACT DISCLOSURES
PROHIBITED (§ 15.2-983.1)

No locality shall have the authority to establish or enforce a mandatory
disclosure requirement for a real estate licensee, any party to a contract for
the sale or listing of residential real property, or any authorized agent of
such party. For purposes of this section, &#8220;mandatory disclosure&#8221;
means any notification required to be made by a homeowner or his authorized
agent to a potential or actual buyer or his authorized agent. Prohibited
mandatory disclosures include mandatory notifications in contracts, contract
amendments or addenda, advertising, other promotional materials, and subsequent
deeds after the initial deed is recorded, related to the sale of residential
real estate.

HISTORY: 2024, cc. 724, 769.