What does the Code of Virginia Title 54.1 Chapter 21 cover?

The Code of Virginia Title 54.1 Chapter 21 specifically addresses the licensing and regulation of real estate brokers and salespersons within the state of Virginia. This chapter outlines the requirements that individuals must meet to obtain a real estate license, as well as the procedures for maintaining that license and the standards to which real estate professionals must adhere.

This regulatory framework ensures that those engaged in real estate transactions are properly trained, qualified, and ethical in their dealings. It covers aspects such as application processes, licensure renewal, continuing education requirements, and disciplinary actions for violations. Understanding this chapter is crucial for real estate professionals operating in Virginia, as it governs their conduct and the legal standards they must follow in their practice. Competence in these regulations is essential for ensuring compliance and protecting consumer interests in real estate transactions.