Real Estate Settlements
This is Chapter 27.2 of the Code of Virginia, titled “Real Estate Settlements.” It is part of Title 55, titled “Property And Conveyances.” It’s comprised of the following 8 sections.
- § 55-525.10
- Duty of lender
- § 55-525.11
- Duty of settlement agent
- § 55-525.12
- Prohibition against payment or receipt of settlement services kickbacks, rebates, commissions, and other payments; penalty
- § 55-525.13
- Disclosure of affiliated business by settlement service providers
- § 55-525.14
- Disclosure of charges for appraisal or valuation using automated or other valuation mechanism
- § 55-525.15
- Penalty
- § 55-525.8
- Definitions
- § 55-525.9
- Applicability; effect of noncompliance