VA
Virginia Legislative Bills
2 legislative bills tracked for real estate wholesalers & investors
Medium Risk
Last synced: 1h ago
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HB157Introduced Medium Risk
Real Estate Board; an applicant for new real estate license to certify criminal history info.
Summary
- This bill requires applicants for new real estate licenses in Virginia to certify their criminal history when applying
- It also establishes procedures for the Real Estate Board to process applications before receiving the criminal history information and mandates that license renewal applicants disclose any undisclosed criminal history
What This Means for Wholesalers
- While this bill primarily targets licensed real estate professionals, it indirectly affects wholesalers who may need to consider obtaining a license if they engage in activities that require one
- Wholesalers with criminal histories may face challenges in obtaining a license, impacting their ability to operate legally
license required
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SB613Passed Medium Risk
Apr 8, 2026 View Full Legislative Bill
Real estate salesperson; DPOR to conduct review of current process for obtaining licensure.
Summary
- The bill directs the Department of Professional and Occupational Regulation in Virginia to review the current process for obtaining a real estate salesperson license and to report its findings by January 1, 2027
- This review aims to assess and potentially improve the licensure process for real estate professionals in the state
What This Means for Wholesalers
- This bill may lead to changes in the licensure requirements for real estate salespersons, which could indirectly affect wholesalers if stricter regulations are implemented
- Wholesalers currently operate without a license, and any changes to the licensure process could increase scrutiny on their activities
license required
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