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HB2011: Residential Property Disclosure Act; amends required residential property disclosure statement.

Chief Patron

Del. Terrie Suit (R-81)

Terrie Suit (R-81)
Virginia Beach, VA
Served: 2000–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

03/12/2007: signed by governor

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Summary

Virginia Residential Property Disclosure Act. Amends the required residential property disclosure/disclaimer statement provided by the Real Estate Board by eliminating the disclaimer provisions. Under the bill the statement will now be a disclosure statement and will contain the six minimum disclosures, thereby conforming to actual usage, requiring the buyer to use due diligence. This bill is a recommendation of the Virginia Housing Commission.

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Poll Results

1 vote

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Bill Text

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