Virginia Statutes

§ 54.1-2136 — Preconditions to brokerage relationship

Virginia § 54.1-2136

JurisdictionVirginia

Title 54.1PROFESSIONS AND OCCUPATIONS

Subtitle IIPROFESSIONS AND OCCUPATIONS REGULATED BY THE DEPARTMENT OF PROFESSIONAL AND OCCUPATIONAL REGULATION AND BOARDS WITHIN THE DEPARTMENT

Ch. 21REAL ESTATE BROKERS, SALES PERSONS AND RENTAL LOCATION AGENTS

Art. 3DUTIES OF REAL ESTATE BROKERS AND SALESPERSONS

This text of Virginia § 54.1-2136 (Preconditions to brokerage relationship) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 54.1-2136 (2026).

Text

Prior to entering into any brokerage relationship provided for in this article, a licensee shall advise the prospective client of (i) the type of brokerage relationship proposed by the broker and (ii) the broker's compensation and whether the broker will share such salary or compensation with another broker who may have a brokerage relationship with another party to the transaction.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

1995, cc. 741, 813.

Nearby Sections

15

§ 54.1-100

Regulations of professions and occupations

§ 54.1-100.1

Department of Commerce continued as Department of Professional and Occupational Regulation

§ 54.1-1000

§ 54.1-101

Copies of examinations filed by regulatory boards

§ 54.1-101.1

Certified mail; subsequent mail or notices may be sent by regular mail

§ 54.1-102

Unlawful procurement of certificate, license or permit; unauthorized possession of examination or answers; penalty

§ 54.1-103

Additional training of regulated persons; reciprocity; endorsement

§ 54.1-104

Suspension of license, certificate, registration, permit, or authority for dishonor of fee payment; reinstatement

§ 54.1-104.1

License, certificate, registration, permit, or authority may not be suspended or revoked solely on the basis of default or delinquency in payment of federal-guaranteed or state-guaranteed education loan or scholarship

§ 54.1-105

Majority of board or panel required to suspend or revoke license, certificate, registration, permit, or multistate licensure privilege; imposition of sanctions

§ 54.1-106

Health care professionals rendering services to patients of certain clinics and administrators of such services exempt from liability

§ 54.1-106.1

Notification to licensees of the Board of Medicine about immunity for health care services to patients of free clinics

§ 54.1-107

Appointments, terms and removal of members of regulatory boards; citizen members

§ 54.1-108

Disclosure of official records

§ 54.1-109

Reviews and appeals

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

Virginia § 54.1-2136, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/54.1/54.1-2136.