Real Estate Settlement Agents

  1. Law
  2. Code of Virginia
  3. Property and Conveyances
  4. Real Estate Settlement Agents

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Section
55.1-1000

Definitions

Section
55.1-1001

Limitation on applicability of chapter

Section
55.1-1002

Scope of chapter; lay real estate settlement agents

Section
55.1-1003

Persons who may act as a settlement agent

Section
55.1-1004

Duties of settlement agents

Section
55.1-1005

Persons prohibited from assisting or being employed by settlement agents

Section
55.1-1006

Choice of settlement agent

Section
55.1-1007

Disclosure

Section
55.1-1008

Conditions for providing escrow, closing, or settlement services and for maintaining escrow accounts

Section
55.1-1009

Falsifying settlement statements prohibited

Section
55.1-1009.1

Prohibition against payment or receipt of settlement services kickbacks, rebates, commissions, and other payments

Section
55.1-1010

Separate charge for reporting transactions limited

Section
55.1-1011

Record retention requirements

Section
55.1-1012

Regulations and orders

Section
55.1-1013

Accounting by title insurance companies

Section
55.1-1014

Settlement agent registration requirements and compliance with unauthorized practice of law guidelines; civil penalty

Section
55.1-1015

Penalties and liabilities

Section
55.1-1015.1

Civil penalties; attorney fees

Section
55.1-1016

Confidentiality of information obtained by the Commission