Real estate settlements; disclosures may be provided electronically and overnight delivery. (HB2099)

Introduced By

Del. Jim Scott (D-Merrifield)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Real estate settlements; disclosures.  Provides that the disclosure required by the seller under the Virginia Residential Property Disclosure Act may be provided by electronic means and overnight delivery using a commercial service or the U.S. Postal Service. Currently the disclosure must be made by either hand delivery or by United States mail.  Regarding disclosures related to settlement service providers, the bill requires that a person to making a referral to an affiliated settlement service provider where the person owns more than one percent of the affiliated service provider must disclose the percentage of the interest. Under the bill if the percentage is higher than 50 percent, the disclosure must state that the service provider is a subsidiary of the person making the referral. Read the Bill »


Bill Has Passed


01/12/2011Prefiled and ordered printed; offered 01/12/11 11100729D
01/12/2011Referred to Committee on General Laws
01/17/2011Assigned GL sub: #1 Housing
01/26/2011Subcommittee recommends reporting (7-Y 0-N)
01/27/2011Reported from General Laws (22-Y 0-N) (see vote tally)
01/31/2011Read first time
02/01/2011Read second time and engrossed
02/02/2011Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/02/2011VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/03/2011Constitutional reading dispensed
02/03/2011Referred to Committee for Courts of Justice
02/04/2011Assigned Courts sub: Civil
02/08/2011Assigned Courts sub:
02/14/2011Reported from Courts of Justice (15-Y 0-N) (see vote tally)
02/15/2011Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/16/2011Read third time
02/16/2011Passed Senate (40-Y 0-N) (see vote tally)
02/22/2011Bill text as passed House and Senate (HB2099ER)
02/22/2011Signed by Speaker
02/23/2011Signed by President
03/14/2011G Approved by Governor-Chapter 82 (effective 7/1/11)
03/14/2011G Acts of Assembly Chapter text (CHAP0082)