Code of Virginia - Title 55 Property And Conveyances - Chapter 27 Virginia Residential Property Disclosure Act
- 55-517 Applicability
The provisions of this chapter apply only with respect to transfers by sale, exchange, installment land sales contract, or lease with option to buy residential ...
- 55-518 Exemptions
A. The following are specifically excluded from the provisions of this chapter: 1. Transfers pursuant to court order including, but not limited to, transfers ordered ...
- 55-519 Required disclosures
With regard to transfers described in § 55-517 of this chapter, the owner of the residential real property shall furnish to a purchaser a residential ...
- 55-519.1 Required disclosures pertaining to a military air installation
The owner of residential real property located in any locality in which a military air installation is located shall disclose to the purchaser whether the ...
- 55-520 Time for disclosure; termination of contract
A. The owner of residential real property subject to this chapter shall deliver to the purchaser the written disclosure statement required by this chapter prior ...
- 55-521 Owner liability
A. Except with respect to the disclosures required by § 55-519.1, the owner shall not be liable for any error, inaccuracy or omission of any ...
- 55-522 Change in circumstances
If information disclosed in accordance with this chapter is subsequently rendered or discovered to be inaccurate as a result of any act, occurrence, information received, ...
- 55-523 Duties of real estate licensees
A real estate licensee representing an owner of residential real property as the listing broker has a duty to inform each such owner represented by ...
- 55-524 Actions under this chapter
A. Notwithstanding any other provision of this chapter or any other statute or regulation, no cause of action shall arise against an owner or a ...
- 55-525 Real Estate Board to develop form; when effective
An owner shall be required to make disclosures required by this chapter for real property subject to a real estate purchase contract which is fully ...
Last modified: April 3, 2009