Virginia Statutes
§ 55.1-700 — Definitions
Virginia § 55.1-700
JurisdictionVirginia
Title 55.1Property and Conveyances
Subtitle IIReal Estate Settlements and Recordation
Ch. 7Virginia Residential Property Disclosure Act
This text of Virginia § 55.1-700 (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. § 55.1-700 (2026).
Text
As used in this chapter, unless the context requires a different meaning:
"Electronic delivery," for purposes of delivery of the disclosures required by this chapter, means sending the required disclosures via the Internet, provided that the sender retains sufficient proof of the electronic delivery, which may be an electronic receipt of delivery, a confirmation that the notice was sent by facsimile, or a certificate of service prepared by the sender confirming the electronic delivery.
"Notification" means a statement acknowledging that the purchaser has been advised of any disclosures required by this chapter on the Real Estate Board's website or delivery of any such disclosures to the purchaser.
"Ratification" means the full execution of a real estate purchase contract by all parties.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
2017, c. 386, § 55-517.1; 2019, c. 712; 2020, c. 749.
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 § 55.1-700, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/55.1/55.1-700.