                                 CODE OF VIRGINIA

REAL ESTATE BOARD TO DEVELOP FORM; WHEN EFFECTIVE (§ 55.1-714)

An owner shall be required to make disclosures required by this chapter for real
property subject to a real estate purchase contract that is fully executed by
all parties. The Real Estate Board shall develop the form for signature by the
parties stating that the purchaser has been advised of the disclosures listed in
the residential property disclosure statement located on the Board&#8217;s
website in accordance with § 54.1-2105.1. The Board may at any time amend the
residential property disclosure statement and the form for signature by the
parties as the Board deems necessary and appropriate.

HISTORY: 1992, c. 717, § 55-525; 1993, c. 848; 2007, c. 265; 2018, cc. 60, 86;
2019, c. 712; 2020, c. 749.