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Category Archives: Legal
At a recent Real Estate Board meeting, the VREB expressed concerns about agents accepting compensation from someone other than their broker. Remember that the Real Estate Board regulations state that it is an improper brokerage commission to accept a commission, … Continue reading
Who owns the rights to the images of a property that you list? The professional photographer… the homeowner… you? Virginia REALTORS® attorney Laura Farley discusses the limited licenses for images and the liability that may come if you are in the … Continue reading
Virginia REALTORS®’ Associate General Counsel Erin Barton discusses whether or not exchanging text messages can constitute contractual obligation. Find out what the precedents are and how relying on this communication might affect your business. Click the video to watch.
Virginia REALTORS®’ Laura Farley offers clarification on the Virginia Real Estate Board (VREB) Guidance Document regarding reasonable accommodation requests for assistance animals. Click the video to watch.
On January 1, 2017, Virginia REALTORS® released one new form, Form 670 – New Construction Contract of Purchase. Additionally, 8 forms were updated: Form 400 – Exclusive Authorization to Sell Form 410 – Exclusive Authorization to Sell – Limited Service … Continue reading
VAR’s Erin Barton discusses the Virginia Real Estate Board regulations governing property management escrow accounts. Topics covered include account set-up and maintenance, broker responsibility, timelines for deposit, escrow disbursement, and differences between security deposits, application deposits, prepaid rent, and monthly … Continue reading
Laura Farley, the Virginia REALTORS®’ Vice President of Legal Operations and Deputy General Counsel, discusses the compensation paragraphs in VAR listing agreements. Sellers often wonder about how much they are going to have to pay when listing their property and who … Continue reading
Virginia Association of REALTORS® Staff Counsel Erin Barton provides a quick overview of the Broker Self Audit process, including where to find the form, how to fill it out, and what to do with the form when it is completed. Click … Continue reading
The change in the calendar year is a great reminder to review and refresh business practices. You may have a list of New Year’s resolutions for yourself, but what about your business? If data security is one of your resolutions, you can … Continue reading
Check out the most recent legal webinar on VAR’s site now. Laura Farley and Erin Barton offer a general overview of property management and the process of getting a lease signed. Discussion topics include: Differences between the Virginia Residential Landlord … Continue reading