Chapter 10: Real Estate Settlement Agents

This chapter is comprised of the following sections:

§55.1-1000 Definitions
§55.1-1001 Limitation on applicability of chapter
§55.1-1002 Scope of chapter; lay real estate settlement agents
§55.1-1003 Persons who may act as a settlement agent
§55.1-1004 Duties of settlement agents
§55.1-1005 Persons prohibited from assisting or being employed by settlement agents
§55.1-1006 Choice of settlement agent
§55.1-1007 Disclosure
§55.1-1008 Conditions for providing escrow, closing, or settlement services and for maintaining escrow accounts
§55.1-1009 Falsifying settlement statements prohibited
§55.1-1009.1 Prohibition against payment or receipt of settlement services kickbacks, rebates, commissions, and other payments
§55.1-1010 Separate charge for reporting transactions limited
§55.1-1011 Record retention requirements
§55.1-1012 Regulations and orders
§55.1-1013 Accounting by title insurance companies
§55.1-1014 Settlement agent registration requirements and compliance with unauthorized practice of law guidelines; civil penalty
§55.1-1015 Penalties and liabilities
§55.1-1015.1 Civil penalties; attorney fees
§55.1-1016 Confidentiality of information obtained by the Commission
