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32 chapters · 875 sections in this title.
Va. Code Ann. § 55.1-1000 Definitions
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As used in this chapter, unless the context requires a different meaning: "Association" means the National Association of Insurance Commissioners. "Closing disclosure" means the combined mortgage loan disclosure statement of final loan terms and closing costs prescribed under the…
Va. Code Ann. § 55.1-1001 Limitation on applicability of chapter
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Nothing in this chapter shall be construed to prevent a person licensed under Chapter 21 (§ 54.1-2100 et seq.) of Title 54.1, or such licensee's employees or independent contractors, from performing escrow, closing, or settlement services to facilitate the settlement of a transac…
Va. Code Ann. § 55.1-1002 Scope of chapter; lay real estate settlement agents
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A. Except as provided in subsection B, this chapter applies only to transactions involving the purchase of or lending on the security of real estate located in the Commonwealth containing not more than four residential dwelling units. B. Notwithstanding any rule of court or other…
Va. Code Ann. § 55.1-1003 Persons who may act as a settlement agent
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A. A person shall not act in the capacity of a settlement agent, and a lender, seller, purchaser or borrower may not contract with any person to act in the capacity of a settlement agent, with respect to real estate settlements in the Commonwealth unless the person has not been c…