                                 CODE OF VIRGINIA

LICENSE REQUIRED OF RESIDENT TITLE INSURANCE AGENT (§ 38.2-1814.1)

A. No individual who is a resident of the Commonwealth shall obtain a license as
a title insurance agent from the Commission unless he has passed an examination
in a form and manner prescribed by the Commission. Before registering to take an
examination for a license as a title insurance agent, each applicant shall have
completed, within the period specified in subsection B, a pre-licensing
education course of 16 hours of instruction. The pre-licensing education course
may be comprised of or include any form of classroom education or distance
education in accordance with an examination content outline approved by the
Commission. The applicant shall submit proof of completion of the pre-licensing
education course in a form acceptable to the Commission. The proof of completion
of the pre-licensing education course shall be:

   1. Signed by the applicant affirming that the applicant completed a course for
   which the requisite number of classroom or distance education hours were
   completed. An applicant who is found to have submitted a materially false
   proof of course completion shall be deemed to have committed a knowing and
   willful violation of this section and be subject to the penalties as set forth
   in &#xA7; 38.2-218. Upon receipt of acceptable proof that an applicant
   submitted a materially false proof of course completion, the Commission may
   administratively terminate any license issued based upon such submission; and

   2. Signed by the individual who acted as the instructor for the course, who
   shall certify that the requisite number of the classroom or distance education
   hours were completed by the applicant. An instructor who is found to have
   submitted a materially false certification that an applicant completed the
   requisite number of classroom or distance education hours shall be deemed to
   have committed a knowing and willful violation of this section and be subject
   to the penalties as set forth in &#xA7; 38.2-218. If the instructor is also a
   licensed insurance agent or insurance consultant, the Commission may also
   impose on the instructor the penalties set forth in &#xA7; 38.2-1831 or
   38.2-1843, as applicable.
   				As used in this subsection:
   				&#8220;Classroom education&#8221; means actual hours in a classroom
   environment with an instructor. Instructors shall have the right to consider
   an applicant to have met the classroom hour requirement if the applicant was
   present for not less than 95 percent of the required hours.
   				&#8220;Distance education&#8221; means instruction delivered or presented
   by or under the general supervision of an instructor using a medium other than
   a classroom setting. &#8220;Distance education&#8221; shall not include
   self-study or correspondence courses.

B. An applicant&#8217;s satisfaction of the education requirement established by
subsection A shall be valid only for the one-year period following the date he
satisfied the education requirement. However, the Commission may waive this time
limit in individual circumstances in accordance with criteria prescribed by the
Commission.

C. Officers or employees who are not agents of a title insurance company shall
be exempt from the provisions of this section.

D. Agents who, as of January 1, 1987, were authorized agents of title insurance
companies licensed to transact title insurance in this Commonwealth shall be
exempt from the requirements of subsections A and B of this section.

HISTORY: 1986, c. 364, § 38.1-327.15:1; 1987, c. 521; 1988, c. 187; 1989, c.
435; 2001, c. 706; 2008, c. 250; 2023, c. 577.