Virginia Agency Law

Education Provider #0211001387 Course Approval #0214030371

All licensees must understand the law of agency, especially following the recent NAR settlement regarding real estate commission rates. Virginia law also differs from many other states in how it defines the brokerage relationship and agency representation. It’s vital that licensees understand the boundaries of these relationships as a buyer or seller’s agent to ensure the appropriate statutory obligations are met for clients, customers, and consumers.

This course satisfies the Virginia agency course requirement and covers agents’ legal and ethical responsibilities, Virginia’s agency rules and regulations, commonly used contracts, the terms of the class-action settlement and its practical implications, and more.