As of July 1st, 2020, the Virginia Fair Housing Law was amended to include anti-discrimination measures for source of funds. Individuals cannot be discriminated against due to their source of funds, nor due to their race, religion, sex, disability, color, familial status, national origin, elderliness, veteran status, sexual orientation, and/or gender identity.
Under the law, “source of funds” is defined as any source that lawfully provides funds to or on behalf of a renter or buyer of housing, including any assistance, benefit, or subsidy program, whether such program is administered by a governmental or nongovernmental entity.
To read more on this change, click here.
Revised 7/01/2021: Residential Property Disclosure Statement
Effective 4/16/2021: Guidance Document on Housing Discrimination on the Basis of Source of Funds
PSI test centers in Virginia: https://www.psionline.com/important-notice-update-concerning-covid-19-coronavirus
In 2015, former Governor McAuliffe signed off on revisions to the Virginia Real Estate Board (VREB) Regulations. A number of changes have been in effect as of November 1, 2015 and impact both agents and brokers alike.
Revised regulations include: Advertising, Escrow, Unlicensed Assistants and Licensure/Broker Supervision.
During DAAR’s Broker Breakfast on Friday, September 25th, Jay DeBoer, Director, Department of Professional and Occupational Regulation (DPOR) provided a thorough update on the revisions. Click here to view the power point.
The Virginia Association of REALTORS® (VAR) created this comprehensive analysis of the updated regulations, conducted a webinar including Q&A and produced the video series below in an effort to provide you with more information on the revised regulations.
Need more info? VREB has you covered.
Click the button below: