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Author Archives: Blake Hegeman, Deputy General Counsel
NOTE: The phone number originally given for the Richmond Association of Realtors was incorrect. It has been corrected in this version. The Virginia Association of Realtors is pleased to announce the addition of commercial forms to its Forms Center! Through … Continue reading
Recently we’ve learned that some home inspectors, as a service to real estate agents, are preparing inspection contingency removal addenda after performing the home inspection. Drafting contracts for others is the practice of law in Virginia, and it is therefore … Continue reading
The Division of Utility and Railroad Safety of the Virginia State Corporation Commission (SCC) has begun a campaign to educate the real estate industry about compliance with the Underground Utility Damage Prevention Act. The Act essentially provides that notification must … Continue reading
The Virginia Association of REALTORS® has made the following changes to its forms: Form 600 (Residential Contract of Purchase) has been updated. Section 18 has been revised to include statutorily required Consumer Real Estate Settlement Protection Act (CRESPA) disclosure language. … Continue reading
As you may know, the Virginia Real Estate Board (VREB) recently amended the Virginia Residential Disclosure Statement to comply with the provisions of House Bill 1856, enacted at the 2009 General Assembly. HB 1856 requires the following language to be … Continue reading