                                 CODE OF VIRGINIA

LIMITATION ON APPLICABILITY OF CHAPTER (§ 55.1-1001)

Nothing in this chapter shall be construed to prevent a person licensed under
Chapter 21 (§ 54.1-2100 et seq.) of Title 54.1, or such licensee&#8217;s
employees or independent contractors, from performing escrow, closing, or
settlement services to facilitate the settlement of a transaction in which the
licensee is involved without complying with the provisions of this chapter, so
long as the licensee, the licensee&#8217;s employees, or independent contractors
are not named as the settlement agent on the settlement statement or closing
disclosure and the licensee is otherwise not prohibited from performing such
services by law or regulation.

HISTORY: 1997, c. 716, § 6.1-2.19; 1998, cc. 69, 162, 736; 1999, c. 647, §
6.1-2.30; 2010, c. 794, § 55-525.17; 2016, c. 619; 2019, c. 712.