Exchange Facilitators Act

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This is Chapter 8 of the Code of Virginia, titled “Exchange Facilitators Act.” It is part of Subtitle II “Real Estate Settlements and Recordation”, which is part of Title 55.1 “Property and Conveyances”.

It’s comprised of the following 7 sections.

§ 55.1-800 Definitions
§ 55.1-801 Change in control
§ 55.1-802 Separately identified accounts, or qualified escrows or qualified trusts
§ 55.1-803 Errors and omissions insurance; cash or letters of credit
§ 55.1-804 Accounting for moneys and property
§ 55.1-805 Prohibited acts
§ 55.1-806 Penalty; attorney fees