CODE OF VIRGINIA

APPLICATION TO CERTAIN REAL ESTATE BROKERS (§ 6.2-1617)

The provisions of this chapter shall not be construed to prohibit a real estate
broker, as defined in § 54.1-2100, who is either an owner of an interest in a
real estate firm or acts as a real estate broker in a sole proprietorship, from:

   1.  Having an ownership interest in a mortgage broker or mortgage lender;

   2.  Receiving returns on investment arising from the real estate
   broker’s ownership interest in a mortgage broker or mortgage lender; or

   3.  Receiving payment of compensation for services actually performed for a
   mortgage broker or mortgage lender in which the real estate broker has an
   ownership interest.

HISTORY: 1987, c. 596, § 6.1-422; 1989, c. 667; 1993, c. 183; 1997, c. 228;
2001, cc. 502, 511; 2009, cc. 189, 261; 2010, c. 794.