Virginia Statutes
§ 55.1-1100 — Definitions
Virginia § 55.1-1100
JurisdictionVirginia
Title 55.1Property and Conveyances
Subtitle IIReal Estate Settlements and Recordation
Ch. 11Commercial Real Estate Broker's Lien Act
This text of Virginia § 55.1-1100 (Definitions) 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. § 55.1-1100 (2026).
Text
As used in this chapter, unless the context requires a different meaning:
"Commercial real estate" means any real estate other than (i) real estate containing one to four residential units or (ii) real estate classified for assessment purposes under the provisions of Article 4 (§ 58.1-3230 et seq.) of Chapter 32 of Title 58.1. Commercial real estate does not include single-family residential units, including condominiums, townhouses, apartments, or homes in a subdivision when leased on a unit-by-unit basis even though these units may be part of a larger building or parcel of real estate containing more than four residential units.
"Principal broker" means the same as that term is defined in regulations promulgated by the Real Estate Board.
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Legislative History
1992, c. 877, § 55-526; 2009, c. 262; 2019, c. 712.
Nearby Sections
15
§ 55.1-1000
Definitions§ 55.1-1001
Limitation on applicability of chapter§ 55.1-1003
Persons who may act as a settlement agent§ 55.1-1004
Duties of settlement agents§ 55.1-1006
Choice of settlement agent§ 55.1-1007
Disclosure§ 55.1-1008
Conditions for providing escrow, closing, or settlement services and for maintaining escrow accounts§ 55.1-1009
Falsifying settlement statements prohibited§ 55.1-1009.1
Prohibition against payment or receipt of settlement services kickbacks, rebates, commissions, and other payments§ 55.1-1011
Record retention requirementsCite This Page — Counsel Stack
Bluebook (online)
Virginia § 55.1-1100, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/55.1/55.1-1100.