CODE OF VIRGINIA

APPLICABILITY (§ 55-517)

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 real property consisting of not less than one nor more than four
dwelling units, whether or not the transaction is with the assistance of a
licensed real estate broker or salesperson. For the purposes of this chapter, a
“real estate contract” means a contract for the sale, exchange, or
lease with the option to buy residential real estate subject to this chapter.

HISTORY: 1992, c. 717; 2007, c. 265.