VA HB567 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on March 11 2016 - 100% progression
Action: 2016-03-11 - Governor: Acts of Assembly Chapter text (CHAP0334)
Text: Latest bill text (Chaptered) [HTML]

Summary

Real Estate Board; duties of real estate licensees; residential real estate transactions. Authorizes the Real Estate Board to take a disciplinary case against a licensee under advisement, defer a finding in such case, and dismiss such action upon terms and conditions set by the Board. Among other things, the bill (i) authorizes the Real Estate Board to grant exemptions or waive or reduce the number of continuing education hours required in cases of certified illness or undue hardship; (ii) requires the supervising broker of a branch office to provide the name and license number of each real estate licensee working in the branch; (iii) prohibits a real estate licensee in a residential real estate transaction from acting as a nonstandard agent; (iv) provides that standard agency only applies in residential real estate transactions; (v) clarifies that the agency provisions apply unless they are modified by the brokerage agreement; (vi) provides that the law relating to real estate licensees retained by sellers, buyers, tenants, or landlords to lease property or to manage property only applies to residential real estate transactions; (vii) provides that notwithstanding any other provision of law requiring written brokerage agreements or governing the duties of licensees, nothing shall be construed to require that a written agreement between a licensee and a prospective buyer or tenant be executed prior to the licensee's showing properties to the prospective buyer or tenant; (viii) deletes the disclosure of brokerage obligation in commercial transactions; and (ix) provides that commercial agents may only act as agents or independent contractors. The bill also provides that nothing creates a civil cause of action against a real estate licensee for false information. The bill contains technical amendments.

Tracking Information

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Title

Real Estate Board; duties of real estate licensees, exemption, etc., of continuing education hours.

Sponsors


Roll Calls

2016-02-25 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-24 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2016-02-22 - Senate - Senate: Reported from General Laws and Technology (10-Y 0-N) (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-03 - House - House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (Y: 100 N: 0 NV: 3 Abs: 0) [PASS]
2016-01-28 - House - House: Reported from General Laws with substitute (21-Y 0-N) (Y: 22 N: 0 NV: 1 Abs: 0) [PASS]
2016-01-26 - House - House: Subcommittee recommends reporting with amendment(s) (7-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2016-03-11 Governor: Acts of Assembly Chapter text (CHAP0334)
2016-03-11 Governor: Approved by Governor-Chapter 334 (effective 7/1/16)
2016-03-04 Governor: Governor's Action Deadline Midnight, March 11, 2016
2016-03-04HouseEnrolled Bill communicated to Governor on 3/4/16
2016-03-03SenateSigned by President
2016-02-29HouseSigned by Speaker
2016-02-29HouseBill text as passed House and Senate (HB567ER)
2016-02-29HouseEnrolled
2016-02-25SenatePassed Senate (40-Y 0-N)
2016-02-25SenateRead third time
2016-02-24SenateConstitutional reading dispensed (39-Y 0-N)
2016-02-22SenateReported from General Laws and Technology (10-Y 0-N)
2016-02-04SenateReferred to Committee on General Laws and Technology
2016-02-04SenateConstitutional reading dispensed
2016-02-03HouseVOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
2016-02-03HouseRead third time and passed House BLOCK VOTE (97-Y 0-N)
2016-02-02HouseEngrossed by House - committee substitute HB567H1
2016-02-02HouseCommittee substitute agreed to 16104502D-H1
2016-02-02HouseRead second time
2016-02-01HouseRead first time
2016-01-28HouseCommittee substitute printed 16104502D-H1
2016-01-28HouseReported from General Laws with substitute (21-Y 0-N)
2016-01-26HouseSubcommittee recommends reporting with amendment(s) (7-Y 0-N)
2016-01-18HouseAssigned GL sub: Subcommittee #1
2016-01-11HouseReferred to Committee on General Laws
2016-01-11HousePrefiled and ordered printed; offered 01/13/16 16103925D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
5412105(n/a)See Bill Text
5412105.3(n/a)See Bill Text
5412110.1(n/a)See Bill Text
5412130(n/a)See Bill Text
5412135(n/a)See Bill Text
5412138(n/a)See Bill Text
5412138.1(n/a)See Bill Text
5412139.01(n/a)See Bill Text
5412139.1(n/a)See Bill Text
5412141(n/a)See Bill Text
5412142(n/a)See Bill Text
5412142.1(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+HB567
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB567+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB567H1+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB567ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+CHAP0334+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+H1101V0004+HB0567
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+H11V0029+HB0567
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+HV0237+HB0567
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+S12V0103+HB0567
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0597HB0567+HB0567
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0613HB0567+HB0567

Bill Comments

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