32 chapters · 875 sections in this title.
Va. Code Ann. § 55.1-1008.1 (Effective January 1, 2027) Requirements when providing escrow, closing, or settlement services for real estate in land-use program; civil penalty
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A. For any real estate transaction wherein a settlement agent (i) provides escrow, closing, or settlement services and (ii) knows that the real estate subject to the real estate transaction is valued, assessed, and taxed by the locality under a special assessment on the basis of …
Va. Code Ann. § 55.1-1009 Falsifying settlement statements prohibited
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No settlement agent shall intentionally make any materially false or misleading statement or entry on a settlement statement or closing disclosure. An estimate of charges made in good faith by a settlement agent, and indicated as such on the settlement statement or closing disclo…
Va. Code Ann. § 55.1-1009.1 Prohibition against payment or receipt of settlement services kickbacks, rebates, commissions, and other payments
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A. No person selling real property, or performing services as a settlement agent, lay real estate settlement agent, real estate agent, attorney, or lender incident to any real estate settlement or sale, shall pay or receive, directly or indirectly, any kickback, rebate, commissio…
Va. Code Ann. § 55.1-1010 Separate charge for reporting transactions limited
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No settlement agent shall charge any party to a real estate transaction, as a separate item on a settlement statement or closing disclosure, a sum exceeding $10 for complying with any requirement imposed on the settlement agent by § 58.1-316 or 58.1-317.