SB 1309

Abstract

Real estate brokers and salespersons; licensees engaged by buyers. Repeals the provision providing that, notwithstanding any other provision of law requiring written brokerage agreements or governing the duties of licensees, nothing shall be construed to require that a written agreement between a licensee and a prospective buyer or tenant be executed prior to the licensee's showing properties to the prospective buyer. The bill also provides that a licensee engaged by a seller or landlord shall not be required to show property to a prospective buyer when such showing is conducted pursuant to and in accordance with a brokerage agreement entered into with a seller or landlord client. This bill is identical to HB 1684.

An Act to amend and reenact §§ 54.1-2130 through 54.1-2134, 54.1-2137, 54.1-2138.1, 54.1-2139, 54.1-2139.01, and 54.1-2139.1 of the Code of Virginia, relating to duties of real estate brokers and salespersons; licensees engaged by buyers.