Real Estate Board; compensation to referring attorneys prohibited, exception. (HB2040)
Introduced By
Del. Sal Iaquinto (R-Virginia Beach)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Real Estate Board; compensation to referring attorneys prohibited; exception. Provides that an attorney-at-law referring a client to a licensee shall not receive any compensation from a listing firm or offered in the common source information company to cooperating brokers, unless the attorney is also licensed as a real estate broker or salesperson. The bill contains technical amendments. Amends § 54.1-2103 (“Exemptions from chapter.”), of the Code of Virginia. View Full Text »

