July 1 means new laws affecting RE go into effect: Need to know info from Lem & Blake

New real estate laws go into effect on July 1, and we’ve got you covered with a 30 minute video from VAR attorneys Lem Marshall and Blake Hegeman. Watch this 30 minute video and download a Legislative Recap written by VAR’s Law & Policy team to make sure you’re up to speed on the newest changes to Virginia’s real estate laws.

Brokers: feel free to use the video and PDF in sales or training meetings.

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5 Responses to July 1 means new laws affecting RE go into effect: Need to know info from Lem & Blake

  1. Balk and Lame – Thanks for clarifying the new laws. A personal favorite of mine is the CRESPA law which clearly states that purchasers can not have their right to use a settlement agent of their choice taken away from them by a seller.

  2. Thanks so much for the recap in a nice format for members. We really appreciate it.

  3. Bausch & Lomb – many thanks for the 38 minute discussion pointing out all the things we need to forget. I think you’ll disagree, it was a pleasant way to spend a lunch hour.

  4. Holly Sloper says:

    Related to the tenant occupied property rights; what if the foreclosed property is inhabited by the foreclosed upon entity when re-sold to a new party?

  5. I would like to see a penalty for those agents who suggest in the MLS that buyers must use the Seller’s settlement company of choice. Those who do that are just trying to prey on the ignorance of the buyer or buyer’s agent. If it’s not legal to make this restriction, why is it legal to advertise it?

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