RESA Laws & Regulations

RESA Laws and Regulations

• Title 55.1 of the Code of Virginia
  • Real Estate Settlement Agents (§ 55.1-1000 thru § 55.1-1016)
  • Real Estate Settlements (§ 55.1-903 thru § 55.1-906)
     
• Title 38.2 of the Code of Virginia
  • Insurance Agents (§ 38.2-1800 thru § 1874)
    • 1812 Payment and sharing of commissions
    • 1813 Reporting and accounting for premiums
    • 1822 License required of individual and business entity agents; individual acting for business entity licensee
    • 1833 Appointments of agents
  • Unfair Trade Practices (§ 38.2-500 thru § 38.2-517)
  • Title Insurance (§ 38.2-4600 thru § 38.2-4616)
     
• Chapter 395 of the Virginia Administrative Code
  • Rules Governing Settlement Agents